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Dry weather, heat and lack of rain threaten Mercosur soybean crop

Wednesday, January 4th 2012 - 06:26 UTC
Full article 19 comments

Mercosur soybean production is expected to fall 2.9% after dry weather and heat damaged crops in Brazil and Paraguay and as conditions deteriorate in Argentina, Hamburg-based industry researcher Oil World said. Read full article

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  • GeoffWard2

    Ah, the ups and downs of export revenues tied to the weather and world price fluctuations!

    Still, this is the southern hemisphere production cycle, which is out of phase with the northern production cycle, so there should be higher unit prices for smaller crops - assuming that the northern hemisphere US production has not resulted in vast silos of stored soya.

    Bigger percentage change to the Uruguay import/export balance, unless some corrective (eg) import reduction ensues.
    Smaller changes to Brasil,
    and perhaps no impact on Argentina's - as long as it rains!

    Jan 04th, 2012 - 12:10 pm - Link - Report abuse 0
  • Sir Rodderick Bodkin

    That'll teach the argentine paisano not to be a greedy little prick.
    I'm glad for it, and i really hope it doesn't rain anymore, would love to see this country becoming a desert.
    I can see the pain in the faces of most gauchitos here where i live which is a city located in a rural area.. We haven't had rains for a month.

    Jan 04th, 2012 - 12:56 pm - Link - Report abuse 0
  • O gara

    What a sad bastard you must be Roddy living in the middle of people you intensely dislike.I know a few clowns like you never happy wherever you are.You couldnt hack it at home and after a few weeks in your new country the locals copped you on and you became even more embittered.
    Yhea there wouldnt be many in the World who would like to be you!!!!!

    Jan 04th, 2012 - 01:14 pm - Link - Report abuse 0
  • Sir Rodderick Bodkin

    Lady Gaga.
    Yeah, i'm a damn good bastard and i'd love to make fun of them. ^^
    New country?. I'm argentine just fyi. Gets your fact right next time.

    If you lived in my city, you'd know what i'm talking about. They got what's coming to them and its well deserved.
    Let me guess, you must be a gaucho just like them. Hey guess what Assh@t?. Deal with it.

    Now go back to the church and pray to Gauchito Gil to bring you some rains.

    Jan 04th, 2012 - 01:27 pm - Link - Report abuse 0
  • yankeeboy

    Smaller crop, less payment = much less tax revenue for CFK to redistribute.
    The peso printing press will be running at full speed 30% inflation may look tame by this time next year.

    By the 1st week in Feb everyone should have received their new gas, water and electricity rates. A 350% rise is nothing to sneeze at...let's see what happens then....

    Jan 04th, 2012 - 02:42 pm - Link - Report abuse 0
  • Fido Dido

    matter of fact, Gaucho's are very friendly (and very innovative, they'll survive), I know some in Bage-Rio Grande do Sul, those are the real ones.

    Jan 04th, 2012 - 06:10 pm - Link - Report abuse 0
  • Sir Rodderick Bodkin

    Friendly?. Not all of them.

    The only reason why they survive is because they ilegally employ people to work for them without paying insurance, retirements, etc.
    Not to mention that they avoid taxes, i still get bills from the guy who lived in my house until last year and he owes not hundreds, but hundreds of thousands in taxes.
    He was the president of the agropeary chamber in Bs As. Such an example.
    The gauchos also stopped the country cutting all routes back in 2008, i remember most of them were trying to intimidate showing their weapons in camera. I also remember many places (including my city) ran out of supplies, food etc. It was catastrophic.

    Need i go on?

    Jan 04th, 2012 - 07:07 pm - Link - Report abuse 0
  • O gara

    7 why didnt you starve IF it was so bad pricks like you deserve to starve SLOWLY

    Jan 04th, 2012 - 11:51 pm - Link - Report abuse 0
  • yankeeboy

    127% increase in Subway fare announced today.
    In Chaco they don't even have drinking water and in Pampas 4/5th of the corn crop is lost. Hmm no water, no corn is that why Swift Frigo is closing and laying off 500 people or is it the economy is crashing? Maybe both?

    Jan 05th, 2012 - 12:33 am - Link - Report abuse 0
  • Sir Rodderick Bodkin

    @8

    Awww, looks like someone's feelings got hurt.
    Wish should i starve?. I have everything i need unlike you..
    Also, your insults doesn't mean anything here and it doesn't make you look any cooler, kid.
    Not to mention that you are not even argentine to begin with.

    Jan 05th, 2012 - 04:24 am - Link - Report abuse 0
  • Frank

    @9.... looks like the beginning of the end to me.... rising prices and runaway inflation.....an economy largely dependent on soy... a failed crop.. ...and now we have the various RG tribes -personified here by SRB and Ogaga - at each other's necks.....
    Oh joy.. whatever next.....

    Jan 05th, 2012 - 05:33 am - Link - Report abuse 0
  • yankeeboy

    People started to receive their new Natural Gas bills today, if they were paying $25/mo and you are “poor” your bill goes to $162/mo if you are “rich” it went to $ 417! (BTW most RGs make less than $4500/mo in salary so they are now paying almost 10% of their monthly salary to heat their house! and it's Summer!)
    That should do wonders for their economy and the inflation figures.

    Jan 05th, 2012 - 03:44 pm - Link - Report abuse 0
  • ElaineB

    Don't mention the 'I' word. : )

    Jan 05th, 2012 - 03:54 pm - Link - Report abuse 0
  • mendoc

    11 Frank (#)
    dont say that...It's expensive enough for me.

    Jan 05th, 2012 - 05:09 pm - Link - Report abuse 0
  • Tigre2000

    Some of you Britts are a bunch of sad miserable basket cases
    spending your time whinging when you should be focusing on whats happening in England with its mass social disorder and it's economic recession go get a life
    you bunch of envious ill spirited parasites lol You guys dont even belong to Mercosur you miserable twats.

    Jan 05th, 2012 - 06:14 pm - Link - Report abuse 0
  • GeoffWard2

    #15,
    I'm pretty sure that most people posting live in SA/S. Atlantic, or at least have done so.
    They have an interest and their own points of view.

    I am one such person, with a strong desire to better the lot of this, my chosen continent. Unfortunately, I am no longer young and my scope is therefore limited.
    I get the feeling that you are still young; the job falls to you. Do it to the best of your ability for the whole of your life.

    Jan 05th, 2012 - 08:39 pm - Link - Report abuse 0
  • yankeeboy

    I have always thought this “boom” was one drought away from collapse. Looks like this may be it.
    The preliminary reports are showing 40% of the soy crop and 80% iof the corn are gone in the two largest farming provinces. Even the population is out of water so they are trucking it in!

    The peso is at $4.70 in the gray mkt in BA today...

    Jan 06th, 2012 - 01:10 pm - Link - Report abuse 0
  • Forgetit87

    @Tigre2000

    You're quite right, in this moment it is indeed really pathetic for a European to write something like #9. Do people really think that by writing that shit their own nations' horrific unemployment and public debt problems will go away?

    Jan 08th, 2012 - 02:10 am - Link - Report abuse 0
  • Pirat-Hunter

    #9, #10 and #11 This is your dream come true, you three clown might be right in that people with little brain see doomsday coming to them including Argentina but investors can't afford to join that perticular witch hunt. ”BUENOS AIRES (Dow Jones)--Argentina's benchmark stock index rose more than 12% in the first week of trading this year, as investors set aside their concerns about the country's economy and hunted for bargains among financial and public utility shares”
    www.online.wsj.com/article/BT-CO-20120106-711033.html

    Jan 08th, 2012 - 12:26 pm - Link - Report abuse 0

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