12/11/24 Afternoon CommStock Report – Brazil Yield Ideas Already Ticking Higher

Brazilian farmers are in the thick of the 24/25 growing season.  Planting is virtually over and now they focus on top dressing potassium while scouting fields for insect pressure.  My Brazilian uncle who farms across the road from us says his crop is off to a good start.  He said it has leaned a bit drier this past week but that is not a bad thing.  He said last year there was a week or two of dryness after planting that helped the beans establish their roots, sending them deeper into the soil.  He believed this helped give him one of the best crops they have ever had last year.  That is why he looks at any short-term dryness as a good thing.  The forecast shows rainfall returning later this week in our region of Minas Gerais.   Rainfall forecasts show plenty of precipitation in Southern Brazil, especially in the state of Parana where they could see up to 6″ this week.  Mato Grosso do Sul, Goiás and Minas Gerais will see scattered showers of 2″ to 3″.  Our attention is drawn to the northern half of Mato Grosso which leans drier for the next week or two.  There will…