Friday, February 7, 2025
- In Brazil, rainfall in recent weeks in the northern soybean region has slowed the soybean harvest and the resulting second crop safrinha corn planting. A local government agency reported late last week that only about 12% of the soybeans have been harvested in the key soybean state of Mato Grosso, somewhat less than a year ago. Safrinha corn planting is only at 9% planted as of late last week in Mato Grosso. There will be more rainfall over the next couple weeks in northern soybean areas of Brazil, however below normal amounts. This should allow for the soybean harvest to increase at a faster pace the next few weeks. In Argentina, recent rainfall in the central and south along with a wetter forecast central and north longer range will provide relief to the dry areas over the next couple weeks. This wil not end the dryness, but allow for some improvement in the crop conditions for corn and soybeans.
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