The later start of Brazil’s soybean planting in the centre-west could lead to lower yields than last season which saw near-perfect rains, but this was already expected by analysts who held to their forecasts for the 2010-11 output to be unchanged. The influence of La Nińa is pushing the start of the rainy season in the country’s main soy-producing region in the centre-west back into October this year, and not in September as usual. “We don’t see a change in planted area because of the late rains,” said Andre Pessoa, director at Agroconsult analysts. – Reuters
U.S. Wheat Belt Under Stress
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