Bloomberg News

Soybean Harvest in Brazil’s Mato Grosso Seen Starting in January

November 21, 2012

Soybean harvesting in the Brazilian state of Mato Grosso, the country’s biggest grower of the oilseed, may start in January’s first half based on planting progress to date, said Soybean & Corn Advisor Inc.

The harvest should start about Jan. 5-10 in the municipality of Lucas do Rio Verde in central Mato Grosso, the Hinsdale, Illinois-based researcher said in an online report today. Dry weather delayed planting in Sinop in the state’s north, meaning gathering there will start about Jan. 15-20, the company said.

Brazil is predicted to overtake the U.S., where crop yields in the Midwest were hurt by a summer drought, as the biggest soybean exporter in the 2012-13 season, the U.S. Department of Agriculture forecasts. The start of soybean shipments from South America next year is expected to ease supply conditions, according to researcher Oil World.

“There might be a few fields of soybeans in Mato Grosso harvested by New Year’s Day, but the volume of harvested soybeans will be small until about the middle of January,” Soybean & Corn Advisor wrote.

Farmers can manage the harvest’s timing because many early soybeans are forced into maturity by use of desiccants that prompt leaves to drop off plants and stems to dry out, after which the crop is ready for gathering in seven to 10 days, according to the researcher.

To contact the reporter on this story: Rudy Ruitenberg in Paris at rruitenberg@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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