Agro-grain farmers in Brazil’s main agricultural state have started harvesting soybeans for the current 2023/2024 season, a season characterized by hot and dry weather, which has accelerated the crop cycle and damaged crops, the peasants said.
Until last Friday, soybean farmers in the state harvested about 1% of the cultivated area in Mato Grosso, or 121 thousand hectares, according to the farmer-backed research company “EMEA”, and due to water stress, farmers said that soybean productivity in his region is the lowest in 40 years.
Sources in the market explained that the impact of the El Nino – high temperatures – climatic pattern, which caused a drought in the Midwest and heavy rains in southern Brazil, forced Mato Grosso farmers to expect a harvest or abandon the crop, and others invested in the early planting of the second cotton grown after soybeans in the same areas and represents about 85% of the state’s production.