Rains forecast in all Brazil’s soya areas

December 10, 2013


A new cold front will bring rains to all of Brazil’s soya-growing regions this week, according to Sao Paulo-based weather forecaster Somar, continuing a season of strong rainfall that has boosted bets of a record crop. Rainfall would start off in the southernmost state of Rio Grande do Sul before moving into the southeast and later into top soya-growing state Mato Grosso, Somar said on Monday.

Nationwide soya planting advanced 4 percentage points from the previous week and was 94 percent complete as of December 6, AgRural analysts said. That is above 90 percent from a year earlier and the same as the five-year average.

Planting is complete in the top-producing center-west region and needs to be finished in the northeast and far south.

Government crop supply agency Conab on November 8 raised its expectation for a record soya crop to between 87.9 million and 90.2 million tonnes and will update the forecast on Tuesday.

Courtesy Reuters

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