AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 No Change 0 (0%)
BR30 31,170 No Change 0 (0%)
KSE100 94,764 No Change 0 (0%)
KSE30 29,410 No Change 0 (0%)

Scarce rains over key Brazilian grain growing regions in September may cause an unexpectedly bigger reduction in the area planted with corn during the summer, according to a weather report on Monday. The summer corn planted area was initially expected to fall 20 percent to 25 percent due to a drop in the price of the commodity, said Marco Antonio dos Santos, founding partner at Rural Clima.
"But September was extremely dry and hot and this percentage is likely to increase as the ideal window for summer corn planting was shortened," the forecaster said. "The situation is pushing more producers to replace corn planting with soya."
Official grain estimates for Brazil's 2017/18 crop, which is being planted now, will be released on October 10. The government's supply and statistics agency Conab said summer corn, also known as first corn, was planted over an area of 5.48 million hectares in the prior crop. Due to poor rains, Brazil's soya producers had planted only 1.5 percent of the 2017/18 crop through September 28, less than half the level at this time last year.
In addition, scarce rains caused summer corn planting to be completely halted, with some crop damage in the Southern states of Parano, Santa Catarina and Rio Grande do Sul. That happened on farms where corn was sowed in early September, according to Rural Clima.
Still, soil humidity levels rose last weekend in Brazil's main grain regions, which is expected to help farmers advance soya planting as well as aid fields that have been sowed. But while rain is expected on Monday and Tuesday in the Center-West, Southeast and South regions of the country, they are expected to be irregular over the next 10 or 12 days, the forecaster said, adding that soya farmers should proceed "with caution" until conditions improve. Soya and corn account for about 90 percent of Brazil's grain output. Only during the second half of October will rains become more frequent over the main producing regions, Rural Clima said.

Comments

Comments are closed.