Brazilian wheat exports rise 21.6%, while imports grow 61.9% through September

Published 2024년 11월 7일

Tridge summary

Brazil's 2023/24 wheat harvest is expected to see a significant increase of 9.0% or 8.4 million tons, with Paraná state being the primary producer despite climate issues reducing productivity, as per IBGE and Conab. Despite these challenges, Conab anticipates a 2.1% increase in the 2024/25 harvest with a 15.5% productivity boost. Wheat shipments have risen by 21.6% to 2.5 million tons from January to September of this year, while imports have surged by 61.9% to 5.15 million tons. Wheat bran prices have risen due to high demand, impacting wheat flour prices as well.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Production Photos: Disclosure/OPR Archive In Brazil, according to the IBGE, the 2023/24 harvest is estimated at 8.4 million tons, an increase of 9.0% compared to the previous harvest. Conab presents a similar estimate for the cereal's performance, projecting a harvest of 8.3 million tons. In Paraná, the main producer of the grain, production is projected at 2.6 million tons, after successive downward revisions since the beginning of the year, according to the latest IBGE survey. According to Conab, the reduction in productivity in the state is due to climate problems, such as frost, lack of cold weather and drought, and the occurrence of diseases in the plantations. Prospectively, Conab revised the figures for the area, productivity and production of the 2024/25 harvest. The estimate is that 8,263.7 thousand tons will be harvested (+2.1%), with a reduction in the planted area (-11.6%), but with productivity gains 15.5% higher than the previous harvest. According to information ...

Source: Opresenterural