Brazil: Expectations of a record black bean harvest raise prospects for the sector

Published 2024년 3월 4일

Tridge summary

March is the final phase of planting second-crop crops, with a potential record harvest of black beans. However, a decrease in carioca bean productivity is expected in key states, with a predicted harvest of 4% in March and around 21% in April, totaling 559 thousand tons by July. Black beans could produce 350 thousand tons, but with a 5% increase in Paraná's harvest, the yield could reach between 390 and 400 thousand tons. Weather conditions could significantly impact these results. The viability of the less explored crop is questioned as the third irrigated crop approaches after the carioca bean harvest. The presence of Rajado in the market has discouraged exporters due to color loss during transport to India, but there is domestic demand for both Rajado and Vermelho, and potential for export to importers aware of the associated risks.

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

Original content

The month of March signals the final stretch of planting second-crop crops, highlighting the possibility of a record harvest of black beans. Fields planted between December and January can contribute to a harvest before the end of April. A comparative analysis points to a reduction in carioca bean productivity in key states, such as Minas Gerais, Bahia and São Paulo, indicating a harvest expectation of 4% in March and around 21% in April, totaling 559 thousand tons by July. As for black beans, CONAB projects a production of 350 thousand tons, but considering a 5% increase in the volume harvested in Paraná, there are indications that the real figure could reach between 390 and 400 thousand tons. The caveat is made in relation to weather conditions, which can significantly influence the results. With the third irrigated crop approaching after the carioca bean harvest, the question arises about the viability of the less ...

Source: Portal Do Agronegocio