According to an important news recently released by the National Climate Center, the SST in the equatorial Middle East Pacific has continued to decline since July this year. It is expected to enter the La Nina state in October and form a weak to medium intensity La Nina event in winter. In addition, the National Oceanic and Atmospheric Administration said that the La Nina phenomenon has been formed, which will be the second consecutive year of yield reduction weather events in the summer soybean growing season in South America.
Although the La Nina phenomenon may cause dry weather or affect the yield of summer crops in South America, some analysts said that due to the recent sporadic rainfall in the soybean producing areas of Brazil and Argentina, such weather is more suitable for the sowing of soybean crops. According to the Brazilian consulting agency agraral and the consulting agency safras, due to the sufficient rainfall in the producing areas, As of last week, the soybean planting progress in Brazil in 2021 / 22 has reached more than 35.8%, which is the second fastest planting speed since Brazil’s soybean planting record. Such a good planting start makes the prospect of soybean yield good. Even if there is dry weather from December 2021 to February 2022, which may affect soybean grain bulging and filling, Brazil’s soybean harvest has been carried out one after another, Dry weather will be conducive to the harvesting and marketing of Brazilian soybeans.
In Argentina, due to the expected decline in soybean planting area this year, farmers choose to plant other crops with higher income. At the end of November and February, the Argentine production area may be affected by the dry weather caused by La Nina phenomenon, and the sowing of corn and other crops will be delayed. In addition, due to the rise of fertilizer prices, farmers may choose to change the fields originally planted with corn to soybeans, so as to control the input of fertilizer and other costs. Therefore, the sown area of soybeans in Argentina may increase compared with the expected, So as to increase the yield of soybean.
Drought will occur in South American crop producing areas after La Nina phenomenon, which may affect the yield of soybeans in South American producing areas such as Brazil and Argentina. It is expected that 87% of the possibility will continue from December 2021 to February 2022. However, due to the rapid sowing of soybeans in Brazil and the possible increase of soybean sowing area in Argentina, Therefore, it is expected that the dry weather caused by La Nina phenomenon in South America may have little impact on the overall yield of soybean producing areas in South America.
Source: feed industry information network
Post time: Nov-03-2021