Weather/Situation: Our region is in “extreme drought” situation so as in southern Brazil or southern Mato Grosso do Sul and northern Argentina. Most part of the La Plata Basin suffers from heat waves and absolutely no rain as you can see on the satellite imagery.

The hydric deficit and above-average temperatures have already significantly damaged the 2021/22 soybean crop in the above mentioned area in Brazil.

Our river (a tributary to the Paraná River) where we use to pump water for our rice operation is almost dry.

Rice: The 560 ha sowed with rice are still under irrigation and we are forced to use our water reserve from our artificial lake to get those fields irrigated. As we sowed the fields in stages, the first 160 ha are going to be harvested by the end of this month. For now, we are able to maintain continuous flooding in the plots with the reserve water contained in our artificial lake but the high temperatures cause water to evaporate at a much faster rate.

Soybean: Among the 1,100 ha sowed, 150 ha of soy have been damaged by the extremely hot and dry weather. This stress scenario occurred in the middle of the flowering period; lots of flowers and grains in this area could not finish their normal development. Lost in yields have to be anticipated and we estimated an average yield of 1t/ha for this area versus 2.5t/ha projected.