Crop Protection South America Monthly Report

Welcome to Crop Protection South America Monthly Report .
 

In March 2012, Hamburg-based oilseeds analysts Oil World declared that the low soybean output would lead to the decreasing stock of soybean around the world, due to the serious drought emerged in South America. It is estimated that the stock of soybean will drop to 60.6 million tonnes in August 2012, from that of 76.1 million tonnes in August 2012.

Many countries in South America, the most important soybean planting area, will inevitably lower their soybean output. For instance, the soybean output of Argentina is estimated to reach 46.5 million tonnes in 2012, lower than that of 2011, 49.2 million tonnes. Compared with Argentina, Brazil, one of the biggest soybean planting country, will have a worse damage by the bad weather, whose output will be estimated to decreased to 66.5 million tonnes in 2012, from that of 75.3 million tonnes in 2011. It is forecasted that the uncertain weather will consistently affect the grain crop planting, especially the soybean planting.