According to the latest report of US Department of Agriculture (USDA), the production of soybeans in 2012/2013 in the US is estimated to be 71.5 million tonnes, down 14% from 2011/2012 due to the drought. Meanwhile, Brazil is set to harvest a record 82 million tonnes of soybeans in 2012/2013, up 22% from 2011/2012, according to Companhia Nacional de Abastecimento (Conab, a Brazilian statistical agency). This puts Brazil within reach of overtaking the US as the top soybean-producing country in the world. According to the Crops & Markets in Brazil, the volume traded in advance already reaches 43% of the soybean production in 2012/2013. It seems that the next season promises to be one of the largest ever, with excellent prospects. However, along with the boost of soybean planting, Brazil farmers may face the shortage of seeds and agrochemicals and infrastructure limitations due to the lack of planning. In fact, the Brazilian government has extended the credit line for winter corn planting to encourage farmers to plant more corn and farmers could make as much money out of corn as summer soybeans. The problem is that the El Nino weather phenomenon looks weak, which is not a disaster for the soybean crop but reduces the chances for planting corn afterwards. As a result, farmers would be pushed back to soybean planting. (1). The increasing planting area of GM crops helps increase the consumption of pesticides in Brazil.(2). The supply of soybean seeds in Brazil may be tight in 2012/13.(3). Venezuela plans to import more rice from South American countries by exporting urea.(4). Brazilian government decides to sell rice from its stockpiles from Aug. 31, 2012.(5). Brazil plans to invest USD18.9 billion in its fertilizer industry in order to relieve the pressure ofdependence on fertilizer import.(6). Pesticide companies face difficulties in registration in Latin America, which will affect the development ofplant protection products in this region.(7). Brazil extended the credit limit for the corn planting.(8). Argentine seed law will be revised in the future in a bid to attract more biotechnology investments.(9). At the end of Aug. 2012, Cheminova's Authority

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Report Summary
According to the latest report of US Department of Agriculture (USDA), the production of soybeans in 2012/2013 in the US is
estimated to be 71.5 million tonnes, down 14% from 2011/2012 due to the drought. Meanwhile, Brazil is set to harvest a record 82
million tonnes of soybeans in 2012/2013, up 22% from 2011/2012, according to Companhia Nacional de Abastecimento (Conab, a
Brazilian statistical agency). This puts Brazil within reach of overtaking the US as the top soybean-producing country in the world.
According to the Crops & Markets in Brazil, the volume traded in advance already reaches 43% of the soybean production in
2012/2013. It seems that the next season promises to be one of the largest ever, with excellent prospects. However, along with the
boost of soybean planting, Brazil farmers may face the shortage of seeds and agrochemicals and infrastructure limitations due to the
lack of planning.
In fact, the Brazilian government has extended the credit line for winter corn planting to encourage farmers to plant more corn and
farmers could make as much money out of corn as summer soybeans. The problem is that the El Nino weather phenomenon looks
weak, which is not a disaster for the soybean crop but reduces the chances for planting corn afterwards. As a result, farmers would be
pushed back to soybean planting.
(1). The increasing planting area of GM crops helps increase the consumption of pesticides in Brazil.
(2). The supply of soybean seeds in Brazil may be tight in 2012/13.
(3). Venezuela plans to import more rice from South American countries by exporting urea.
(4). Brazilian government decides to sell rice from its stockpiles from Aug. 31, 2012.
(5). Brazil plans to invest USD18.9 billion in its fertilizer industry in order to relieve the pressure of
dependence on fertilizer import.
(6). Pesticide companies face difficulties in registration in Latin America, which will affect the development of
plant protection products in this region.
(7). Brazil extended the credit limit for the corn planting.
(8). Argentine seed law will be revised in the future in a bid to attract more biotechnology investments.
(9). At the end of Aug. 2012, Cheminova's Authority ® got registration in Brazil.
(10). Proficol begins operations in Peru through a subsidiary.
(11). Ecuadorian government keeps on its efforts to control the snail plague.
(12). Argentina starts a new round of control for grapevine moths recently.
(13). CIAT estimates that cassava pests may break out in Southern Brazil.
(14). The transgenic planting area in 2012/13 will continue to increase by 12% in Brazil.
Table of Content
GM crops help increase consumption of pesticides in Brazil
Soybean seed in Brazil may be in short supply in 2012/13
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Venezuela to import more rice by exporting urea
Brazil sells rice in stock
Brazil to invest USD18.9 billion in fertilizer industry
Pesticide companies face difficulties in registration in Latin America
Brazil extends credit limit for corn planting
Argentine seed law to be revised to attract more biotechnology investments
Cheminova's Authority ® gets registration in Brazil
Proficol enters Peru pesticide market
Ecuadorian government continues efforts to control snail plague
Argentina starts new round of control for grapevine moths
Cassava pests may break out in Southern Brazil
Brazilian transgenic planting area to increase by 12% in 2012/13
Companies mentioned
Cheminova
Dow AgroSciences
Bayer
DuPont
Monsanto
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