Mato Grosso Soybean Crop Shrinking
This is a very interesting post straight from the horses mouth so to speak, fresh from a twelve day tour of Mato Grosso.
It would appear to suggest that early and medium maturing varieties in Brazil's top producing state are not yielding as well as had been anticipated.
Heavy rain may also be taking the top off yields a little, as well as delaying harvest progress.
That would appear to concur with some estimates filtering through that recent calls for a crop of 68 MMT are indeed "pie in the sky".
Check it out: here
It would appear to suggest that early and medium maturing varieties in Brazil's top producing state are not yielding as well as had been anticipated.
Heavy rain may also be taking the top off yields a little, as well as delaying harvest progress.
That would appear to concur with some estimates filtering through that recent calls for a crop of 68 MMT are indeed "pie in the sky".
Check it out: here