Drought cuts into Brazil's soybeans

Robinson, Elton
April 2005
Southeast Farm Press;4/6/2005, Vol. 32 Issue 10, p10
Trade Publication
The article presents information on effects of drought on soybean production in Brazil. Drought has reduced soybean production by about 5 million tons more than what U.S. Department of Agriculture (USDA) projected in its March 10 world agricultural supply and demand estimates. Dusi Demostenes, secretary director of Coopagricola in Ponta Grossa, said that about 2 percent of the soybean crop in southern Brazil has been harvested, but growers are not selling their beans. They believe the price is going up. He said USDA's estimate of a 59 million-ton Brazilian crop is about 5 million tons higher than what will eventually be harvested. Dry weather has taken a toll on the crop, more so than Asian soybean rust, which thrives in moist conditions. In addition, monitoring and spraying programs have kept the disease in check this season.


Related Articles

  • Soybeans: Two worlds divided. Van Trump, Kevin // Corn & Soybean Digest Exclusive Insight;12/ 5/2013, p1 

    The article discusses the move of the Chinese in purchasing soybeans from the U.S. after realizing that the South American market could not fulfill their orders in a timely fashion. It mentions the effects of rationing demand on soybean prices. It discusses how the Brazilians are convincing the...

  • Beans pushing, pulling. Collins, Daniel P. // Futures: News, Analysis & Strategies for Futures, Options & Deri;May2004, Vol. 33 Issue 6, p22 

    Reports on the stability of the soybean bull market in the U.S. Indication of strong supply; Estimation of imported soybean bushels; Rate of soybean prices.

  • Soybean stocks call for premium. SUDERMAN, ARLAN // Wallaces Farmer;Oct2012, Vol. 137 Issue 10, p114 

    The article discusses the stress faced by the soybean industry in Argentina and southern Brazil due to drought led fall in productivity and highlights the dependence of these countries on the U.S. to meet their needs. The biggest drought in the U.S. also increased the soybean crisis and prices...

  • Late crop recovers to increase yields. BURGENER, PAUL // Dakota Farmer;Dec2013, Vol. 132 Issue 12, p102 

    The article focuses on the soybean yields in the U.S. in 2013 and mentions that the November 2013 futures trading of soybean was higher than January 2014 futures due to shortage of soybean. It mentions that the soybean market provides two selling options including selling from harvest to the...

  • Are high grain prices good for anyone? Roberson, Roy // Southeast Farm Press Exclusive Insight;10/1/2012, p4 

    The article reports on the prediction by economists that 20 U.S. dollars a bushel soybean and 10 U.S. dollars a bushel corn and wheat is possible for 2012 and beyond. It is noted that the drought in the Midwest adds to the price differential from planting time to harvest time for corn and...

  • Export market has insatiable soybean appetite. BURGENER, PAUL // American Agriculturist (0161-8237);Apr2013, Vol. 210 Issue 4, p26 

    The article reports on the increasing demand for soybeans from China leading to shortage of supply from the U.S., Brazil and Argentina. It mentions the profitable price floor set by crop insurance for soybeans November futures at an average of 12.85 U.S. dollars (USD) per bushel for farmers...

  • Drought withers saw palmetto crop, drives up prices. Oliver, Hilary // Natural Foods Merchandiser;Oct2007, Vol. 28 Issue 10, p14 

    The article reports that saw palmetto harvest in Florida was affected by drought conditions, leading to price increase in raw ingredients. The prices for nutraceutical-quality extracts are expected to increase by 20% to 30%, where producers disclosed that it will not be pass onto consumers. Some...

  • Soybean oil woes sign of times. KNORR, BRYCE // Wallaces Farmer;Oct2014, Vol. 139 Issue 10, p90 

    The article discusses the economic outlook for crops supply and demand as of 2014.

  • Will U.S. soybean supply run short? Robinson, Eiton // Southeast Farm Press;8/4/2004, Vol. 31 Issue 19, p3 

    While acreage, demand and weather continue to dominate the news in the corn and soybean markets, one interesting sidebar is what will happen when and if the United States runs out of soybeans before the new crop becomes available. According to USDA, soybean stocks as of June 1 were estimated at...


Read the Article


Sign out of this library

Other Topics