Reports of rain last week in Brazil have soybean plantings back on track, but farmers in the area are still waiting on fertilizer stuck in the Port of Panagua. Your Inputs Monitor reported last month (read more) that labor difficulties had fertilizer shipments bottlenecked at the port leaving farmers to wonder when the nutrients will be available for application.
Mato Grosso's producers association, Aprosoja, comments, "The first rains are falling and many don't have the inputs to begin their planting."
Brazil imports 50% of the phosphorous, 75% of the nitrogen and 90% of the potassium used annually by farmers. With nutrient, and even seed, stuck bobbing on barges at port, soybean yields from Brazil could be at risk.
Aprosoja adds, "Labor issues at the country's ports have triggered a chain reaction that now culminates in the delayed arrival of products. There may be a shortage of seeds for the start of the 2012-13 crop."
Difficulties in getting nutrient and seed into fields in Brazil could have a dramatic effect on U.S. grain pricing and world-demand if harvest in Brazil suffers from lagging fertilizer supplies at the time of planting.