April 27, 2004

Brazil 2003-04 Soy Harvest 88% Complete

Brazil's 2003-04 soybean harvest was 88% complete up to Friday, ahead of the 85% collected at the same point last year, the local Celeres agricultural consultancy said Monday.
 
Harvesting in the center-west region is practically complete, while in the south of the country, some 81% of the crop had been collected up to Friday, compared with 80% at the same time last year, Celeres said in a weekly report.
 
In Rio Grande do Sul, where harvesting is 65% complete, rains returned last week after a four-month absence. The rains, however, came to late to reverse heavy losses in the region, said Celeres.
 
In the northeast 69% of the crop was harvested up to last week, compared to 70% at the same time last year.
 
According to the report, farmers had sold 61% of their crop up till Friday, compared with 47% last year and a five-year average of 58%.
 
The following soy crop progress data is provided by Celeres in Brazil (through April 23)
 
                                          Harvested
                                             Last     Last
                                   23/4   Week   Year
North                           83%    68%    87%
Northeast                     69%    53%    70%
Southeast                     76%    63%    60%
  Minas Gerias               75%    61%    57%
  Sao Paulo                   78%    65%    64%
South                           81%    64%    80%
  Parana                       99%    94%    98%
  Santa Catarina           67%    45%    60%
  Rio Grande do Sul       65%    37%    63%
Center-West                 99%    98%    96%
  Mato Grosso               99%    98%    95%
  Mato Grosso do Sul     99%    98%    99%
  Goias                         99%    97%    96%
  Federal District           85%    74%    98%
All Center-South           90%    81%    86%
All Brazil                      88%    79%    85%
All Brazil (5-Yr Avg)      85%    76%