In recent days, corn threshing has become widespread in the state of Sinaloa, where 464,366 hectares were established. according to the reports of the Agricultural Validation and Monitoring System (SIVASA), while in the northern part of the state a harvest advance of 35% is estimated, in an established area of almost 95 thousand hectares. in the valleys of El Fuerte and El Carrizo.
In this season of corn and wheat harvests, let us avoid the burning of soca in the agricultural fields of Sinaloa, considering that it significantly affects the quality of its soils such as less water retention in the soil; affectation of the organic matter in the first 5 cm of the soil, limiting the development of micro and macrofauna; weed seed germination; unprotected soils susceptible to being washed away by rains; loss of soil fertility; pest problems; and acceleration of climate change. In Sinaloa there are regulations that sanction this practice, so we invite all producers to implement good agricultural practices, avoiding the burning of soca, as well as giving notice to the authorities in the event of a possible burning of soca and/or identification of one of the they.
The international corn market ended the week with losses. The expectation of good weather in the US that will allow rapid progress in planting, coupled with the possibility that exports from Ukraine will resume, puts downward pressure on the market. The USDA in its weekly US export sales report 2021/2022, indicated that sales for this week of US corn totaled 435,300 tons for the 2021/2022 cycle vs. 192,700 tons. of the previous week. Reported sales for the 2022/2023 cycle were 588,500 tons. vs 46,600 last week. The current price for the Sinaloa harvest of the next cycle, future July/22, plus bases (49 dollars), is $355.58 dollars/ton.
In the case of wheat, the market closed the week with losses. Taking profits after the gains seen at the beginning of the week makes the market suffer lows. Also, the possibility that the negotiations of the United Nations materialize that would allow the output of grain from Ukraine, together with the higher estimates of record production that Russia expects to have, cause weakness in the price. The USDA in its 2021/2022 US weekly export sales report, exposed US wheat exports at just 8,000 tons. vs. 14,100 tons. from last week. Reported sales for the 2022/2023 cycle were 325,600 tons. vs. 124,300 tons. from last week. The current price for the Sinaloa harvest of the next cycle, future July/22, plus bases (35 dollars), is 464.44 dollars/ton.
The bean market, with data reported by the National Information and Market Integration System (SNIIM) of the Mexican Ministry of Economy, the price that was quoted for this week in the main supply centers was
$27.00/kg in Guadalajara and $29.00/kg in DF Iztapalapa.
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