Water stress on soybeans is the highest since 2011/12 in Brazil, consultancy says


Rains in major producing regions of soybeans in Brazil have been below the historic average with water stress for the crop in over 15 percent of the planted surface, according to data from consultancy INTL FCStone. The consultancy gathered data over the precipitation in 210 municipalities in Brazil or 70 percent of the surface planted. The study also says that nearly 7.5 percent of the planted area with the oilseed has registered almost 40 percent less rain of what was expected and the area affected is the largest since 2011/12 season.

For Thadeu Silva, Director of Market Intelligence at INTL FCStone, this can result in lower yields and maybe the country will not have a crop as high as expceted. The most serious cases of drought in the current season were verified in the west of Bahia, Tocantins and south of Piauí. There is also low precipitation in the south of Mato Grosso do Sul, northwest of Paraná and west of São Paulo.


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