The AgRural experts estimate that the sowing of Soybeans in Brazil, 95% of the plan has already been implemented, which is generally in line with last season's level in this period (96%), reports the Nasdaq.
As mentioned, Brazilian farmers are hoping for rainfall that would bring a good yield, although crop losses have not yet been identified. There will be rainfall in most regions of the country in the coming days. The biggest concern in this Zusaomenhang the state of Rio Grande do Sul, where soybean sowing is not yet complete.
At the same time, a severe drought affects the corn production in Brazil. In particular, experts have noticed that in parts of areas there are already losses in productive potential Grains be resolved. According to AgRural, the planting campaign of the first corn crop in the central and southern parts of Brazil reached 96% of the planned area, which is the same as last year.
It is worth noting that the 2022/23 soybean harvest in Brazil will be 153,48 million, according to a forecast by Confrom Tonnen (+22,2% per year) and the corn harvest could be 125,83 million tons (+11,2%).
Source: APKinform (Ukraine)