Sao Paulo — Brazilian soybean farmers have harvested 19% of the total expected 2018-19 crop, up from 13% a week ago and from 6% at the same time last year, analytic company AgRural said Monday. Receive daily email alerts, subscriber notes & personalize your experience. "Field work could be even more advanced if rains had not returned to Mato Grosso state after a period of dry weather," AgRural said in a weekly report. Mato Grosso is Brazil's largest grains producing state, followed by Parana. The harvest is 40% completed in Mato Grosso and 25% completed in Parana, according to AgRural. AgRural currently estimates the current soybean crop at 116.9 million mt, down from initial estimates of 121.4 million mt, as dry and hot conditions hampered soybean development in several regions. The analyst said it will release a new crop estimate in coming days with lower figures, reflecting unfavorable weather conditions that extended into January. -- Gustavo Bonato, gustavo.bonato@spglobal.com -- Edited by Derek Sands, newsdesk@spglobal.com Biofuelscan covers the latest worldwide biofuel news and prices and provides a daily summary of market events. Use the request a free trial link and we will send you 5 issues free for your review.
Brazil has harvested almost one-fifth of the anticipated 2018-19 crop, compared with 6% at this stage last year, according to analytic firm AgRural. It said the harvest may have been even larger if rain didn't hit Mato Grosso, the country's largest grain-producing state, where 40% of the crop has already been harvested. Parana, the country's second largest producing state, has so far completed 25% of its harvest. AgRural estimated Brazil's total Brazilian crop at 116.9 million metric tonnes (mt), revised down from its initial 121.4 million mt following a dry spell across several regions.