News

Brazil's soybean harvest advances to 38% of the area, estimates Pátria AgroNegócios

Soybean
Brazil
Market & Price Trends
Published Feb 24, 2024

Tridge summary

The 2023/24 soybean harvest in Brazil has reached 38% of the total cultivated area, surpassing the historical average and the progress made during the same period last year, according to Pátria AgroBusiness. However, the weekly increase in harvested area was only 7.3%, marking the slowest growth for this period since 2009. This slowdown is attributed to rainfall in certain regions and crops not being ready for harvest due to late planting.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

SÃO PAULO (Reuters) - The soybean harvesting process for the 2023/24 harvest in Brazil reached 38% of the total cultivated area until this week, still ahead of the historical average and also the same time last year, according to a survey by Pátria AgroBusiness. In 2023, producers had harvested 34.51% of the area, while the five-year average for the season is 35.95%, after part of the crops had brought forward the cycle due to the drought. However, in 2022, the harvest was more advanced, at 44.46%, according to the consultancy. "The weekly increase in fieldwork covered only 7.3% of the national area, being the worst increase for the period since 2009. Reports on productivity are still varied. In Paraná, results are disappointing", said the director of Pátria, Matheus Pereira. According to Pereira, rain in ...
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