Here is a good video
with many details in Portuguese.
SW Paraná state.
R$ 500 million in losses so far between corn, edible beans and soy.
60 sac/ha yields are now 40 sac at best.
It is affecting 100% of Western Paraná and points east.
I will be driving thru this area with clients starting January 28th.
For this area- the drought does seem to have had a more significant
impact than 2009. This crop was planted earlier and intense dryness
hit at pod fill.
In 2009, the crop was a bit later and January rains helped western
Paraná at the last minute. In 2009 Parana produced 9 million tons or
soy.
They still have Paraná at 13mmt for 2912.
It might be a surprise yet late in the season.
6
Aug
Cargill to open corn processing plant in Castro, Parana
The
project is framed in the program receive Paraná Competitive and
an initial investment of R$ 350 million. The new facility should
increase corn milling capacity by 30% for Cargill in South
America The plant will generate 200 direct jobs and 600 indirect
jobs in the whole region of Campos Gerais.
Construction should begin in 2012 and be operational by the
start of 2013. Initially expected to process 800 MT of corn per
day and potential to reach 3,200 MT. The plant will produce
sweeteners and starches for industrial use for dairy products,
candies, confections, beverages, breads and pulp and paper
industry, and animal nutrition.
With the installation of satellite companies, who will utilize
Cargill's production, Castro will be a new food complex with
investments reaching R$ 1.2 billion.
Paraná Freeze
4 Jul 11
Corn in Maringá region was
flowering and planted in late March.
This corn did not make it.
Domestic corn prices have remained firm even though CBOT has sold
off in recent weeks.
All corn exports have come to a halt.
I think total Brazil corn production will be in the 52 MMT area; not
55 MMT as forecast by agencies.
Brazil feed usage is circa 42 MMT per year.
Difficult year ahead for chicken and hog producers.