National Ag News
Soybean harvest delays in Brazil much ado about nothing
Jan 23, 2018, 17:15 PM
by
System
A market analyst is not putting much stock into soybean harvest delays in South America.
U.S. Commodities president Don Roose says northern Brazil is about three percent behind the normal pace with the forecast calling for better weather conditions.
“In fact, soybean production could rival last year’s 114-plus million metric tons. Of course, you know how soybeans are, it’s very tough to get a final yield. Things can go wrong in a two or three week time frame.”
Planting delays during the 2017/18 growing cycle combined with recent rains have slowed harvest.
Continue reading Soybean harvest delays in Brazil much ado about nothing at Brownfield Ag News.
