EL NINO WORRIES BRAZIL SOY FARMERS AS PLANTING PROGRESSES
In the South of the country, El Nino has slowed soy planting as excess rains make farmers in the third biggest producer Rio Grande do Sul afraid to start sowing, crop agency Emater-RS said. Aprosoja-MT said extreme weather conditions could increase costs for farmers who have to replant their soy and could cause the sowing of Brazil’s second corn and cotton to miss the ideal climate window in the Center-West.
According to Aproclima, Aprosoja-MT’s climate monitoring project, some regions in the south of Mato Grosso have recorded temperatures above 44 degrees Celsius (111.2 degrees Fahrenheit). Accumulated precipitation over the last seven days was below average in Mato Grosso, adding up to less than 20 millimeters (0.8 inches) of rain over areas where it rained the most, LSEG data shows. Mato Grosso accounts for nearly 30% of soybean production in Brazil, the largest global producer and exporter of this commodity. In recent days, dry weather has pushed back soy planting there.
(Link: Reuter)
USDA CROP PROGRESS REPORT: CORN NEARLY 60% HARVESTED
As of Oct. 22, 59% of corn in the top 18 corn-producing states is now harvested, up from 45% the week prior and ahead of the five-year average of 54%. USDA says 76% of soybeans in the top 18 soybean-growing states are harvested, up from 62% the week before and ahead of the five-year average of 67%. USDA says winter wheat is 77% planted as of Oct. 22 in the top 18 growing states, up from 68% the week prior and slightly behind the five-year average of 78%. The report says 53% of the crop has emerged, up from 39% a week ago but in line with the five-year average.
(Link: Successful Farming)
