With larger area forecast, imports of inputs accelerate – 05/04/2021 – Commodities shuttle

After an increase in the area of ​​2.8 million hectares planted in the 2020/21 harvest, compared to the previous one, the input industries are preparing for further increases in 2021/22.

These planting data refer only to soybeans and corn, and market forecasts already indicate that soybean planting may be close to 40 million hectares in the period 2021/22. Corn will exceed 20 million.

With such expressive numbers, guaranteed by a good income from the producer, due to the record prices of grains, the industries increase imports.

From January to April this year, external purchases of agrochemical inputs (insecticide, fungicide, herbicide and others) totaled 104 thousand tons, according to data from Secex (Secretariat of Foreign Trade). The volume is 25% higher than the same period in the previous year.

The same is true in the fertilizer sector. The industries have already imported 10.5 million tons of the product this year, 24% more than in the same previous period.

External purchases in the agricultural implements sector are also growing. Secex data indicate that agricultural machinery purchases last month surpassed those of the same period in 2020 by 13%. The purchase of tractors in the international market grew by 52% in the period, in values.

In addition to input imports, agriculture also increases food purchases, which this year already total US $ 1.62 billion, 12% more than in 2020.

In addition to traditional wheat purchases, agribusiness also increased imports of soybeans, corn and beef in the year. In the latter case, the country exported the ton for US $ 4,766, on average, and imported for US $ 5,604.

He forgot President Jair Bolsonaro, in a live, praising the Brazilian energy matrix, compared to other countries, referred to the mixture of 13% of biodiesel to diesel. The president forgot that the government itself had this rate reduced to 10% recently.

Corn 1 The cereal yield is expected to be 4,904 kilos per hectare in this 2020/21 harvest in the state of Paraná. It is a volume well below the 5,929 of the period 2018/19, according to Deral (Department of Rural Economy).

Corn 2 Imea (Instituto Mato-Grossense de Economia Agropecuária) also reduced the cereal yield estimate in Mato Grosso. Now, the forecast is an average of 101.42 bags per hectare (6,085 kilos), below the 102.51 previously forecast.

Corn 3 In addition to having planted outside the ideal period, there is no estimate of rainfall for several producing regions in the state. As a result, the estimated production fell to 34.6 million tons.

Exports Brazilian corn loses competitiveness in the foreign market, due to high prices, and StoneX cut its export forecast. The company now estimates foreign sales of just 29 million tonnes, well below the 35 million previously forecast.

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