TITLE

Drought cuts into Brazil's soybeans

AUTHOR(S)
Robinson, Elton
PUB. DATE
April 2005
SOURCE
Southeast Farm Press;4/6/2005, Vol. 32 Issue 10, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
16747752

 

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