July indicates greater persistence of rain in Paraná

Soybean production reached 16,2 million tons, representing around a 17% drop, resulting from the drought and hot weather recorded at the beginning of the harvest. According to a monthly report released by the Department of Rural Economy (Deral), of the State Secretariat for Agriculture and Supply, 63% of production is sold, slightly below the average of the last 3 years, of 66%.

In the same period last year, sales reached 68%. “The producer is choosing to hold back on sales now, in the expectation that prices will increase”, says Deral economist, Marcelo Garrido. Factors such as the trade war between the United States and China, the delay in North American planting and variations in the dollar are affecting prices. In the domestic market, the instability of Brazilian politics directly reflects on the dollar, a decisive indicator for exports.

“The producer is already looking at the next harvest and following the issue of the American harvest”, says Garrido. According to him, Brazil may probably have greater production in the 19/20 harvest than the USA, as the rains are making planting difficult. From July onwards, it will be possible to point out more concrete trends regarding the impacts of the American harvest on Brazilian production.

On June 10th, Paraná began the soybean void, which continues until September 10th.

According to Climatempo meteorologists, there is an expectation of little rain for next week and in July there is an indication of greater persistence of rain. The temperature drops sharply over the next week.