January 12, 2017

Early Soybean and Corn Harvest about to get Underway in Parana

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%.