AgResource estimates Brazil soybean harvest at 172.28 million tons after crop tour

Published Feb 11, 2025

Tridge summary

Consultancy AgResource has increased its forecast for Brazil's 2024/25 soybean crop to a record 172.28 million tonnes, up from 172.07 million tonnes estimated in January. The increased production is attributed to promising crops in Mato Grosso and Goiás, despite drought conditions in southern Mato Grosso do Sul and Paraná. The productivity gains in the north-central region are expected to balance any losses in the south-central region, with Mato Grosso projected to produce over 50 million tons.

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Original content

SÃO PAULO (Reuters) - Brazil's 2024/25 soybean crop was estimated on Tuesday at a record 172.28 million tonnes, consultancy AgResource said in a statement after concluding its Crop Tour in the states of Mato Grosso, Mato Grosso do Sul, Goiás and Paraná. In January, AgResource had estimated the country's soybean crop at 172.07 million tonnes. The consultancy cited a promising outlook for the 2024/25 soybean crop. "In Mato Grosso and Goiás, the crops showed a good quantity of pods and record productivity potential," it highlighted. "On the other hand, drought conditions affected areas in southern Mato Grosso do Sul and Paraná, in addition to impacting production in Rio Grande do Sul," it added. The consultancy added that ...

Source: NoticiasAgricolas