AVN 64.74 Decreased By ▼ -0.26 (-0.4%)
BAFL 31.23 Increased By ▲ 0.08 (0.26%)
BOP 4.82 Increased By ▲ 0.11 (2.34%)
CNERGY 3.86 Decreased By ▼ -0.02 (-0.52%)
DFML 14.11 Increased By ▲ 0.41 (2.99%)
DGKC 41.69 Increased By ▲ 0.42 (1.02%)
EPCL 46.36 Decreased By ▼ -0.33 (-0.71%)
FCCL 11.41 Decreased By ▼ -0.01 (-0.09%)
FFL 5.06 Increased By ▲ 0.02 (0.4%)
FLYNG 5.78 Decreased By ▼ -0.04 (-0.69%)
GGL 9.92 Decreased By ▼ -0.03 (-0.3%)
HUBC 64.23 Increased By ▲ 0.13 (0.2%)
HUMNL 5.61 Decreased By ▼ -0.04 (-0.71%)
KAPCO 27.84 Increased By ▲ 0.04 (0.14%)
KEL 2.15 Increased By ▲ 0.02 (0.94%)
LOTCHEM 24.52 Increased By ▲ 0.22 (0.91%)
MLCF 21.75 Increased By ▲ 0.35 (1.64%)
NETSOL 84.19 Decreased By ▼ -0.01 (-0.01%)
OGDC 87.30 Decreased By ▼ -0.64 (-0.73%)
PAEL 10.95 Increased By ▲ 0.05 (0.46%)
PIBTL 4.24 Increased By ▲ 0.06 (1.44%)
PPL 76.63 Decreased By ▼ -1.07 (-1.38%)
PRL 13.69 Increased By ▲ 0.07 (0.51%)
SILK 0.90 Increased By ▲ 0.01 (1.12%)
SNGP 41.52 Decreased By ▼ -0.41 (-0.98%)
TELE 5.95 Increased By ▲ 0.08 (1.36%)
TPLP 15.77 Decreased By ▼ -0.01 (-0.06%)
TRG 111.25 Decreased By ▼ -1.05 (-0.93%)
UNITY 13.92 Decreased By ▼ -0.03 (-0.22%)
WTL 1.14 Increased By ▲ 0.01 (0.88%)
BR100 4,046 Decreased By -1.8 (-0.05%)
BR30 14,434 Decreased By -33.1 (-0.23%)
KSE100 40,620 Decreased By -53.1 (-0.13%)
KSE30 15,170 Decreased By -20 (-0.13%)
Follow us

SAO PAULO: Brazil’s major farm town Sorriso declared “a state of emergency” last week after heavy rains during the summer grain harvest caused crop losses and damaged local infrastructure, a local government representative told Reuters on Monday.

The city in Mato Grosso, Brazil’s biggest soya producing state, declared a state of emergency on March 11 after receiving some 800 millimeters of rain in the preceding 45 days, according to a statement sent to Reuters by a government representative. The downpours damaged part of the town’s grain crop and disrupted local roads, making it difficult to move produce and restricting the circulation of people in the area.

The emergency decree will allow the local government to forgo formal competitive bidding to rebuild bridges and roads, the statement said. It also guarantees farmers the ability to renegotiate contracts and debts, the statement said.

The local government of Sorriso estimates losses of 1.5 billion reais ($269 million) for the private sector after the heavy rains. The size of Sorriso’s soya planted area is estimated at 620,000 hectares (1.5 million acres).

Nationwide, Brazilian growers harvested 46% of the country’s soyabean area through Thursday, compared with 59% at the same time a year ago, as abundant rainfall continues to slow harvesting, agribusiness consultancy AgRural said on Monday.

Wet weather has also delayed planting of Brazil’s second corn crop, which is sown after the soya is harvested in the same areas. Brazil’s farmers have sown 74% of the estimated second corn crop area in Brazil’s Center-South region, less than the 89% in the last season, the consultancy said.

In most parts of Brazil, the ideal climate window for planting the second corn crop has closed, according to AgRural.

Comments

Comments are closed.

Brazilian soya capital Sorriso declares state of emergency after rains

'Higher than expectations': Pakistan's headline inflation clocks in at 27.6% in January

Rupee sustains losses, settles at 268.83 against US dollar

Fawad Chaudhry released from Adiala jail

Imran says governor KP's letter to ECP regarding delay in polls raises 'suspicions’

Cannot rule out internal assistance for Peshawar bombing: police

Peshawar attack: ‘Who brought the terrorists back?’, asks PM Shehbaz

Adani abandons $2.5 billion share sale in big blow to Indian tycoon

Hyundai-Nishat jacks up car prices by up to Rs500,000 in Pakistan

Maryam Nawaz says PML-N will clean sweep upcoming elections

PSX sees range-bound session, KSE-100 falls 0.13%