Highlights
Eduardo Vanin reported yesterday:
"Soybean (export) lineup to China. Shipments in the last 4 weeks at 4.5 million mts and nominations (export sales not shipped) at 4.7 million mts. Both numbers are too low. Soybean stocks in China will drop fast. Add to this the very slow harvest in Brz. Soybean auctions demand will jump."
AgRural claims it is an independent, privately owned Brazilian agricultural consultancy established in Curitiba, Paraná, since 1996. It provides market information/analysis and consulting services for farmers and agricultural companies in 12 Brazilian states, representing about 90% of the country’s corn and soybean production.
AgRural Consultancy has a wide and reliable network of farmers, agronomists, cooperatives, and trading firms all over the country that helps anticipate the main trends of the Brazilian market. Daniele Siqueira is one of their reporters. She presented this graph Friday afternoon showing the soybean harvest progress this year in Mato Grosso (MT), which produces about 32% of Brazil’s soybeans and 40% of Brazil’s corn, which is mostly second crop safrinha corn.
