Mato Grosso plants 90% of its soybean crops
Dec, 03, 2018 Posted by datamarnewsWeek 201848
According to agricultural consultancy AgRural, Mato Grosso, Brazil’s largest soybean producing state, has finished planting 90% of its soybean crop this year and is expecting an early harvest at the end of December. Soybean shipments from the state dipped 3% in October compared with the previous month, but this is considered normal given that most of the crop from this cycle has been shipped. The state’s soybean shipments were 8.2% up in the first ten months of 2018 year-on-year, at 19.04m tons. Overall, the Grain Exporters Association (ANEC) believes Brazil’s soybean exports will reach 80m tons in 2018, up 19.4% YoY and higher than its earlier estimate of 74m tons. According to Safras & Mercado, the country’s soybean premium reached US$1.25 per bushel in Paranaguá last week, compared to US$0.50 per bushel a year ago.
Supporting Sources:
Mato Grosso tem queda nas exportações de soja em outubro; saldo do ano é positivo
Brazilian farmers in Mato Grosso satisfied with the soybean planting progress
-
Grains
Jul, 21, 2021
0
Argentine farmers sold 25.1mi tons of 2020/21 soybeans
-
Oil and Gas
Oct, 14, 2019
0
Union will receive R$210m for pre-salt field oil
-
Ports and Terminals
Jul, 02, 2019
0
Argentina: Dock Sud Port companies to pay for dredging
-
Grains
Jun, 24, 2020
0
Buenos Aires Port reduces tariffs to stimulate more business