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Soybeans and corn record crops challenge Brazil's storage capacity

Thursday, July 6th 2017 - 10:17 UTC
Full article 11 comments

Brazilian farmers are discovering a serious obstacle to becoming one of the world’s top producers of soybeans: they’re running out of room to store all the unsold supply. The biggest harvest in the country’s history is poised to leave domestic inventories at a record, data from the processors’ group Abiove show. Read full article

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  • MarkWhelan

    I know that this post is slightly off topic but maybe just maybe someone should proof read the articles before posting them. Conflicting information can confuse the reader. For example these two comments were in adjoining paragraphs.
    -“While Brazil trails only the U.S. as a producer, it exports more of the oilseed than any other country. - - -”
    “ - - - -Brazil is the world’s third-largest grower and second-biggest exporter of the grain, behind the U.S.”
    It looks like reporters use cut and paste instead of writing their own articles.

    Jul 06th, 2017 - 02:27 pm - Link - Report abuse 0
  • DemonTree

    Seems to be saying Brazil is second largest producer and largest exporter of soybean oil, and third largest grower and second largest exporter of corn (maize). I didn't find it confusing.

    Jul 06th, 2017 - 11:39 pm - Link - Report abuse 0
  • :o))

    Q: Record crops challenge Brazil's storage capacity?
    A: SELL AT THE LOWEST PRICES! Give SOME comfort to the vast suffering poor population!

    Jul 07th, 2017 - 10:56 am - Link - Report abuse 0
  • MarkWhelan

    OK Demon Tree I concede your point. Being born in NZ I usually think of Corn in the form of sweet corn or tinned corn.
    :o)) your sentiment “SELL AT THE LOWEST PRICE” would be welcome news to the International Buyer and the Auction Houses that specialise in Mortgage auctions. The farmers would be forced off their properties by the cost of their bank loans. Remember individuals grow and sell the wheat and not governments.

    Jul 07th, 2017 - 12:33 pm - Link - Report abuse 0
  • :o))

    I stand corrected. In the context; pl. read as: “SELL AT THE LOWEST PRICE TO THE CONSUMERS”

    Jul 07th, 2017 - 03:49 pm - Link - Report abuse 0
  • Jack Bauer

    The fact that the current storage capacity is unable to accomodate the super crops, is only one of the producers' problems.....when and if the price increases and exports start, they'll have to face the obstacle represented by a deficient highway and port infrastructure ...

    Jul 07th, 2017 - 06:00 pm - Link - Report abuse 0
  • DemonTree

    It's unfortunate for the farmers that there is not enough storage, but this is always a problem in farming. Either the crop is poor and there is not much to sell, or it is good for everyone and prices drop. I wonder how long soya beans can be stored for?

    @MarkWhelan
    Yeah, I guess it's a much bigger crop in the Americas, although I do see fields of it here in the UK occasionally.

    Jul 07th, 2017 - 10:39 pm - Link - Report abuse 0
  • Jack Bauer

    @DT
    The usual storage period is about 3 months, but today, almost a year is not uncommon - without significant loss of quality. However, longer storage requires proper harvesting, strict cleaning and drying , pest control and fungus prevention. One of the problems of prolonged storage, is that insects that used to attack other grains, are migrating to soybeans, and producers are worried that this could affect exports.

    Jul 08th, 2017 - 07:54 pm - Link - Report abuse 0
  • DemonTree

    @JB
    Perhaps the farmers should cut their losses and sell the beans, then. It does show the importance of infrastructure though. They can build more storage themselves, but it's up to the government to improve the roads and ports.

    Jul 08th, 2017 - 09:59 pm - Link - Report abuse 0
  • :o))

    In reality, Almost All of the “POOR owners of the farms” [FARMERS] are the Corrupt Politicians and the Corrupt Individuals [Entrepreneurs & Industrialists] who are bent upon milking the economy!

    They, in fact, are also responsible for the Non-Stop Destruction of the Amazon Forest.

    Jul 09th, 2017 - 01:50 pm - Link - Report abuse 0
  • Hepatia

    #ForaTemer: https://twitter.com/AngelaMilanese/status/884077070363570176

    Jul 09th, 2017 - 11:38 pm - Link - Report abuse 0

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