Meanwhile, other regions are ready to start to harvest and others are recording yield losses due to a dry season. Some farmers in Brazil have begun harvesting the 2019 soybean crop early, consultancy AgRural said, with planting 98% complete. The Brazilian government has been trying to boost production of soybeans and other crops by increasing subsidies for farmers. However, sales are anticipated to slow until mid-January because producers are reluctant to sell at current low prices. Meanwhile, dry weather is denting production elsewhere in Brazil, such as the state of Parana.
Some farmers in Brazil have begun harvesting the 2019 soybean crop early, consultancy AgRural said, with planting 98% complete. The Brazilian government has been trying to boost production of soybeans and other crops by increasing subsidies for farmers. However, sales are anticipated to slow until mid-January because producers are reluctant to sell at current low prices. Meanwhile, dry weather is denting production elsewhere in Brazil, such as the state of Parana.