Brazil: Climate and prices bring optimism for the bean harvest in Paraná

Published 2024년 11월 14일

Tridge summary

Paraná's black bean producers are optimistic despite falling prices, with the planted area expected to reach a five-year high. Despite price drops since September, sowing has expanded and current weather conditions are favorable for productivity. If prices and weather remain, beans may be a viable alternative to soybeans. The wheat harvest in Paraná is nearly complete, with a significant reduction in production compared to 2023, but the third quarter of 2024 saw a record high in pork production and exports in Brazil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite the recent drop in the price of a bag of black beans, which is currently priced at around R$240.00, producers in Paraná remain confident in the crop. According to the Agricultural Situation Bulletin for the week of November 8-13, prepared by the Department of Rural Economy (Deral) of the Secretariat of Agriculture and Supply (Seab), the planted area is expected to exceed 143.6 thousand hectares, consolidating itself as the largest in the last five years. Since September, when the price of beans was around R$320.00 per 60 kg bag, there have been successive drops in prices, but even so, sowing has been expanded. The forecast for the Paraná harvest, which will be released on the 28th, points to a significant expansion in the planted area. To date, 97% of the estimated area has already been planted, according to agronomist Carlos Hugo Godinho. He points out that about half of this planting occurred while producers were facing the devaluation of the product. However, current ...

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