Brazil: Bean production in Paraná shows high profitability

Published 2024년 12월 13일

Tridge summary

The Department of Rural Economy's report reveals a promising outlook for bean production in Paraná, with potential profits ranging from 60% to 100% due to low production costs and high market prices. Despite weather challenges, 93% of crops are in good condition and recent rains have relieved water stress. The positive market trend is expected to boost demand for inputs and expand the planted area, solidifying Paraná's position as a major bean-producing state in Brazil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The outlook for bean production in Paraná is promising, as indicated in the weekly agricultural situation bulletin of the Department of Rural Economy (Deral), released this Thursday (12) by the State Secretariat of Agriculture and Supply. The state records estimated production costs of R$131.12 per 60 kg bag in the first harvest and R$133.28 in the second harvest. With market prices ranging from R$150.00 to R$250.00 per bag, the profit margin can reach up to 60%. For black beans, the average price was recorded at R$213.87. Despite the good economic outlook, the weather has imposed challenges on producers. The harvest of the first crop, which began on December 2, has advanced only 1% due to constant rain, which also threatens the quality of the grains ready for harvest. Approximately 4% of the areas that have been maturing for more than two weeks are at risk of pod sprouting, which could harm production. However, the bulletin highlights that 93% of the crops are still classified as ...

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