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January 12, 2017

Early Soybean and Corn Harvest about to get Underway in Parana

Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.

Farmers in the state of Parana in southern Brazil are getting ready to start harvesting their 2016/17 soybean and corn crops. According to the Department of Rural Economics (Deral), the soybeans in the state are 4% mature and the crop is rated 97% in good condition. The first soybeans are expected to be harvested by the end of the week. The weather has generally been good this growing season and expectations are for a good soybean crop.

Deral is estimating that the state will produce 18.3 million tons of soybeans or 11% more than last year.

Farmers in the state have already started to harvest the first few fields of their 2016/17 full-season corn. Deral is estimating that 8% of the corn is mature with 94% of the corn rated in good condition and 6% in average condition. The corn harvest pace will accelerate toward the end of January which is normal for the state.

Deral is estimating the full-season corn crop at 4.37 million tons, which would represent an increase of 30% over last year's drought impacted crop. Farmers in the state took advantage of high corn prices to trim back on their soybean acreage and to increase their full-season corn acreage by 20%.