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March 12, 2020

Northern Mato Grosso Produced a Very Good Soy Crop in 2019/20

Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.

According to the President of the Rural Syndicate in the municipality of Sinop, which is located in northern Mato Grosso, soybean producers in northern Mato Grosso are finishing harvesting one of the best soybean crops in recent years.

The weather during the growing season was very favorable until the last two weeks when rain delayed the timely completion of the soybean harvest. Some farmers finished harvesting their grain at moisture levels higher than normal, but they were willing to be docked the cost of drying at the local grain elevator in exchange for knowing that their soybeans were out of the field.

Farmers in northern Mato Grosso increased their soybean acreage by 10.7% compared to 2018/19and the soybean yields in northern Mato Grosso are estimated at more than 60 sacks per hectare (53.2 bu/ac).

The Mato Grosso Institute of Agricultural Economics (Imea) estimates the 2019/20 soybean acreage in the state at 9.8 million hectares (24.2 million acres) and the statewide yield at 57.7 sacks per hectare (51.2 bu/ac).

As of late last week, Imea estimated that the 2019/20 soybean crop in Mato Grosso was 91.4% harvested, which represented an advance of 7.3% for the week.