South America Calling
Alastair Stewart South America Correspondent
Wed Nov 19, 2014 02:49 PM CST

Heavy, consistent rain over the last two months has ruined what promised to be a decent wheat crop in the southern Brazilian state of Rio Grande do Sul.

As a result, Brazilian crop forecasts are plummeting.

Last week, Brazil's Agriculture Ministry cut its wheat crop forecast to 7.0 million metric tons (mmt) from 7.7 mmt last year due to the quality damage caused by the rain just when harvest was beginning in the No. 2 producing state.

However, several private surveys put the crop below 6.5 mmt.

"The rain has hit the crop badly, and it will certainly not meet ...

Quick View
Related News Stories
DTN South America Calling Blog
Dryness Still a Concern for Brazil Soy
Brazil Soy Planting Catches Up
Brazil Soy Planting Accelerates
Soy Delays to Strain Brazil Logistics
Brazil Soy Planting Progresses