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Brazil's soya crop view wilts but corn jumps

Posted by Flora Sawita Labels: , , , ,

Brazil's government pared back its forecast for soya production on Thursday as drought over the southern grain belt took its toll on yields, but it raised the estimate for corn, expecting winter planting to jump in the coming weeks.

The fifth forecast of the 2011/2012 grain crop by the Agriculture Ministry's supply agency Conab comes after drought over southern Brazil and Argentina raised fears of a sharp drop in output.

Combined, the two nations produce more soyabeans - an important global source of protein and vegetable oils- than the United States, the largest single producer.

Conab said the soya crop would fall to 69.23 million tonnes from the 71.75 million tonnes it estimated in January, after taking into account the effects of the drought that has hurt yields in Brazil's southern grain belt.
The estimate is on the low side when compared with recent forecasts from independent analysts.

Grain consultancy Agroconsult lowered its estimate to 71 million tonnes on Wednesday; analysts at Celeres lowered its estimate to 72 million tonnes on Monday; and the grain crushing industry association Abiove lowered its outlook to 71.9 million tonnes last week.

The US Department of Agriculture also lowered its estimate of Brazil's crop on Thursday, to 72 million tonnes from 74 million last month.
But Conab had been consistently below the overall market view since the start of the forecasting season around September last year, expecting drier weather conditions from La Nina to pull down yields from the records reached in the previous crop.

Weather forecasters expect La Nina to dissipate in the coming months but lingering dry weather will still affect South American crops.

Despite the damage that drought did to Brazil's summer corn crop in the south, which shares the same growing areas as soya, Conab said Brazil's total corn crop would rise to 60.83 million tonnes due to an expected surge in winter corn crop planting.
The parched summer crop was slashed to 35 million tonnes from 37.9 million forecast in January, but winter corn is expected to reach 25.79 million tonnes, up from January's forecast of 21.29 million tonnes.

This was the first forecast of the winter crop based on field work.

Brazil has moved up the ranking of world corn exporters to the No 3 slot, shipping around 10 million tonnes a year.

The country's cotton lint crop is seen up slightly at 2 million tonnes from 1.99 million tonnes last month.

Most of the country's cotton is grown in the center-west where rain has been more regular than in the southern grain belt this year.

Brazil's total grain output is seen sliding to 157 million tonnes, down from 158.4 million tonnes in January and off the record 162.8 million tonnes harvested last year, Conab said.




Brazil's soya crop view wilts but corn jumps

Posted by Flora Sawita Labels: , , , ,

Brazil's government pared back its forecast for soya production on Thursday as drought over the southern grain belt took its toll on yields, but it raised the estimate for corn, expecting winter planting to jump in the coming weeks.

The fifth forecast of the 2011/2012 grain crop by the Agriculture Ministry's supply agency Conab comes after drought over southern Brazil and Argentina raised fears of a sharp drop in output.

Combined, the two nations produce more soyabeans - an important global source of protein and vegetable oils- than the United States, the largest single producer.

Conab said the soya crop would fall to 69.23 million tonnes from the 71.75 million tonnes it estimated in January, after taking into account the effects of the drought that has hurt yields in Brazil's southern grain belt.
The estimate is on the low side when compared with recent forecasts from independent analysts.

Grain consultancy Agroconsult lowered its estimate to 71 million tonnes on Wednesday; analysts at Celeres lowered its estimate to 72 million tonnes on Monday; and the grain crushing industry association Abiove lowered its outlook to 71.9 million tonnes last week.

The US Department of Agriculture also lowered its estimate of Brazil's crop on Thursday, to 72 million tonnes from 74 million last month.
But Conab had been consistently below the overall market view since the start of the forecasting season around September last year, expecting drier weather conditions from La Nina to pull down yields from the records reached in the previous crop.

Weather forecasters expect La Nina to dissipate in the coming months but lingering dry weather will still affect South American crops.

Despite the damage that drought did to Brazil's summer corn crop in the south, which shares the same growing areas as soya, Conab said Brazil's total corn crop would rise to 60.83 million tonnes due to an expected surge in winter corn crop planting.
The parched summer crop was slashed to 35 million tonnes from 37.9 million forecast in January, but winter corn is expected to reach 25.79 million tonnes, up from January's forecast of 21.29 million tonnes.

This was the first forecast of the winter crop based on field work.

Brazil has moved up the ranking of world corn exporters to the No 3 slot, shipping around 10 million tonnes a year.

The country's cotton lint crop is seen up slightly at 2 million tonnes from 1.99 million tonnes last month.

Most of the country's cotton is grown in the center-west where rain has been more regular than in the southern grain belt this year.

Brazil's total grain output is seen sliding to 157 million tonnes, down from 158.4 million tonnes in January and off the record 162.8 million tonnes harvested last year, Conab said.




Tea farm workers fear job losses after frost destroys crop

Posted by Flora Sawita Labels: , , , , ,


Kenya - Fear of job losses has gripped tea farm workers in Nandi County after frost destroyed hundreds of acres of the cash crop in the area. Multi-national tea firms and tea farmers in the tea zone are counting losses after their plantations were affected by frost following a stint of unusually low temperatures. Tea experts have warned that the situation could result in job cuts and threaten food security in the county since other crops like maize have also been affected.

However, by Sunday some of the multi-national tea firms that have suffered assured their workers that no one would be laid off due to the natural catastrophe.

According to the general manager of Nandi Tea Company, Mr Abdi Noor, the frost attacked 300 acres out of more than 1,000 acres of tea estate. He said that the company had so far made losses amounting to Sh20 million.

He told the Daily Nation that already 30 per cent of tea in Nandi is under attack from frost but assured employees that they would be assigned duties of clearing and plucking down destroyed tea plants.

The affected trees would take about two months to fully recover.

Mr Joseph Lagat, a tea expert and former director of EPK Tea Company, recalled that when frost first occurred in the area in 2005, most companies made loses amounting to millions of shillings forcing some of the them to venture into business of growing trees for environmental protection.

He added that crops like potatoes, tomatoes, maize, fruits, beans and vegetables of all kind and perish whenever frost comes calling.

Williamson Tea Company, The Eastern Produce Tea Company of Kenya, Tindiret Tea, Kapchorwa Tea Company and Kaimosi Tea Company are some of the multinational tea firms which own thousands of hectares of tea plantations in Nandi County.

Daily Nation

Tea farm workers fear job losses after frost destroys crop

Posted by Flora Sawita Labels: , , , , ,


Kenya - Fear of job losses has gripped tea farm workers in Nandi County after frost destroyed hundreds of acres of the cash crop in the area. Multi-national tea firms and tea farmers in the tea zone are counting losses after their plantations were affected by frost following a stint of unusually low temperatures. Tea experts have warned that the situation could result in job cuts and threaten food security in the county since other crops like maize have also been affected.

However, by Sunday some of the multi-national tea firms that have suffered assured their workers that no one would be laid off due to the natural catastrophe.

According to the general manager of Nandi Tea Company, Mr Abdi Noor, the frost attacked 300 acres out of more than 1,000 acres of tea estate. He said that the company had so far made losses amounting to Sh20 million.

He told the Daily Nation that already 30 per cent of tea in Nandi is under attack from frost but assured employees that they would be assigned duties of clearing and plucking down destroyed tea plants.

The affected trees would take about two months to fully recover.

Mr Joseph Lagat, a tea expert and former director of EPK Tea Company, recalled that when frost first occurred in the area in 2005, most companies made loses amounting to millions of shillings forcing some of the them to venture into business of growing trees for environmental protection.

He added that crops like potatoes, tomatoes, maize, fruits, beans and vegetables of all kind and perish whenever frost comes calling.

Williamson Tea Company, The Eastern Produce Tea Company of Kenya, Tindiret Tea, Kapchorwa Tea Company and Kaimosi Tea Company are some of the multinational tea firms which own thousands of hectares of tea plantations in Nandi County.

Daily Nation

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