Grains/AgRural: 2023/24 soybean harvest reaches 32% of the area in Brazil compared to 23% in the previous week

Published Feb 20, 2024

Tridge summary

The Brazilian soybean harvest for 2023/24 has progressed to 32% of the cultivated area, a significant increase from 23% the previous week and 25% from the same period last year, as per an AgRural survey. This progress is primarily driven by Mato Grosso and Paraná. While recent rains in Rio Grande do Sul have alleviated water stress on crops, more rainfall is required to avoid substantial productivity losses. Meanwhile, the planting of off-season corn for 2024 in the Center-South of Brazil has reached 59% of the estimated area, marking the fastest rate in AgRural's records. The 2023/24 summer corn in the same region is 34% harvested.
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, 02/19/2024 - The harvest of the Brazilian soybean harvest 2023/24 reached 32% of the cultivated area, as of last Thursday (15), compared to 23% a week earlier and 25% in the same period of last year. The data is part of an AgRural survey, released today. The pace remained "driven by Mato Grosso and Paraná, where work is already moving towards the final stretch in some regions", said AgRural, in a statement. According to AgRural, the highlight of the week was the rain recorded in Rio Grande do Sul, which put a brake on the water stress faced by crops due to a hotter and drier period at the beginning of February. "With a large part of the crops being filled with grain, however, the State needs more rain in the coming weeks to avoid recording more significant losses in productivity", considers the company. Corn The planting of 2024 off-season corn reached 59% of the estimated area for the Center-South of Brazil, last Thursday, compared to 38% the previous week and 40% a ...
Source: Broadcast
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