Brazilian soyabean farmers harvested 56 percent of the 2016/17 crop by the end of this week compared to 52 percent at this time last year and 47 percent for the 5-year average, consultancy AgRural said on Friday. Farmers in No. 1 soya-producing state Mato Grosso continue to be sharply ahead on harvesting, reaching 88 percent of the planted area when normally the state would be around mid-70 percent.
The other two large producers in the main center-west grains belt, Goias and Mato Grosso do Sul, are also ahead on soya collection after planting earlier than normal last year (see table below). AgRural also reported progress in the second corn crop seeding, which is the main crop for the cereal in Brazil accounting for around two-thirds of total production. Farmers, who usually plant the corn right after harvesting soyabeans, planted 88 percent of the expected area by March 9 compared to an 83 percent average for this time of the year.
Published under arrangements with Reuters.
No content from Business Recorder shall be reproduced, published, broadcast, rewritten for broadcast or publication, or redistributed directly or indirectly in any medium.
Business Recorder shall not be responsible or held liable for any error of fact, opinion or recommendation and also for any loss, financial or otherwise, resulting from business or trade or speculation conducted, or investments made, on the basis of the information posted here. Nor shall Business Recorder be held liable for any actions taken in consequence." >Copyright Reuters, 2017