Brazil: Deral raises the soybean crop in Paraná and sees a chance for wheat to gain part of the corn area

Published Mar 2, 2023

Tridge summary

The Department of Rural Economy (Deral) of Paraná, Brazil, has increased its forecast for the 2022/23 soybean crop to 20.9 million tonnes, up by 200,000 tonnes from the January forecast, due to reduced drought impacts. This represents a 70% increase from the previous season. The final figures may be the largest soybean harvest in Paraná's history. The first crop corn production forecast remains at 3.69 million tonnes, with a 24% annual increase, and the second crop cereal potential is estimated at 15.38 million tonnes, barely stable from the previous forecast.

However, potential production losses are expected as 26% of the summer corn harvest and 26% of the second crop planting were done outside the ideal period, which may result in switching to wheat. This off-calendar planting increases the risk of production losses and may lead to restrictions on public resources for the crop.

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

Original content

SAO PAULO (Reuters) -Paraná's 2022/23 soybean crop was estimated this Thursday at 20.9 million tonnes, up by around 200,000 tonnes from the January forecast, according to new published figures. by the Department of Rural Economy (Deral). The slight increase compared to the previous estimate occurred after the Department of Agriculture reduced the projection at the end of January, citing impacts of the drought in December. With the soybean harvest having been carried out in 17% of the area and with more than half of the crop maturing, Deral now expects a 70% increase in production compared to the previous season, severely hit by drought. "Deral's monthly report for the month of February 2023 points to one of the largest, if not the largest, soybean harvest in the history of Paraná", said grain specialist Edmar Gervásio, from the government department. He recalled that the expected production, despite being below potential, is slightly higher than that obtained in the record 2019/20 ...

Source: NoticiasAgricolas