2022-23 South American Update

Skyrocketing input prices amid challenging weather conditions in South America

By Guil Signorini and Fabiano Colet, Department of Horticulture and Crop Science,The Ohio State University

The beginning of autumn marks the time of the year to turn our attention south and check the initial development of the growing season in Brazil and Argentina. At this time, South American growers are busy sowing their crops before spring takes place and brings rainfalls back. But before sowing, southern growers must have put a good effort into strategizing and circumventing challenges, especially in times of uncertainty. Their decisions and thought process may spark insights about North America’s upcoming ag input market landscape in five to six months.

The appropriate timing for planting has certainly been part of the thought process for Brazilian growers. The most logical driving factor in guiding growers’ decisions over planting date this season has been the high probability of La Niña. The National Oceanic and Atmospheric Administration (NOAA) agency projects a 79% probability of La Niña in the last quarter of 2022, with the probability dropping to 47% in January 2023.… Continue reading

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