Tridge summary
The article reports on the wheat harvest and export performance in Uruguay, highlighting a slight increase in volume and revenue compared to the previous year. The current harvest has seen about US$ 167 million in revenue, contributing to a total of US$ 328 million for the mobile year. The price per ton for the current harvest is US$ 222. The year 2024 was the best for wheat exports since 2012, with a total of 1,601 million tons and US$ 373 million in revenue. Wheat sowing for the 2024/25 campaign increased by 33% compared to the previous harvest, covering 356 thousand hectares, the largest area in ten years. The yield was slightly lower than the record in 2023/24 but remains above 4,000 kilos per hectare for the third consecutive year. The Directory of Agricultural Statistics (DIEA) estimates the production for the 2024/2025 campaign at 1,464,302 tons, a 9% increase from the previous harvest, marking the highest production since the 2013/14 campaign.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
It is a similar volume to last year at this time. These shipments add up to a turnover of about US$ 167 million so far in the commercial harvest of the last crop, and US$ 328 million in the last mobile year. The price per ton shipped for the current harvest is US$ 222. With 1,601 million tons and US$ 373 million in revenue, the year 2024 was the year with the largest amount of wheat exported since 2012, which closed with 1,605 million tons. In January and February, the placement remained at the highest level of the last 12 years. Wheat had a very good placement in recent weeks with a logistics window already limited so that there are no shipments beyond April 20, and to have space to enter soybeans. "Those who are about to complete a ship make the last purchases, and it will probably resume in July and August; With an exportable balance of around one million tons, there will possibly be 200 thousand or 250 thousand left to be marketed for the second half of the year,” said ...
Source: Agromeat
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