- Brazilian fertilizer imports in June jumped 18.6% and totaled 4.15 million tonnes, according to government data.
- The data suggests Brazil should have enough of these inputs to start planting summer crops like soybeans and early corn from September.
- This is the highest import volume for the month of June in five years.
Imports from Brazil in June jumped 18.6% and totaled 4.15 million tonnes, according to government information provided on Friday, easing fears of transport disruptions amid international embargoes on major suppliers.
The information suggests that Brazil, which imports around 85% of its manure needs, should have enough of these inputs to start establishing summer crops like soybeans and early corn from September.
After sanctions against major Belarusian and Russian manufacturers, there was a theory that Brazilian breeders could face a lack of supplements to feed key yields, leading to fewer applications and slower development of grain regions.
Strong trade flows highlight Brazilian political efforts to secure transportation after Russia’s intrusion into Ukraine.
Agriculture Minister Marcos Montes said on a new occasion that President Jair Bolsonaro’s activity is final on the issue of compost supply, adding: “We do not expect supply interruptions this collection, which we dreaded at this point.”
“With imports of 4.15 million tonnes in June and a normal decline in compost use on the following soybean crop, farmers are assured,” said Jeferson Souza, reviewer at Agrinvest Commodities.
According to information aggregated by Souza, this is the most remarkable import volume for the long June period in the last five years, and it is also the second consecutive month of the current year in which imports have exceeded 4 million tons. .