Mercosur to increase rice area and production for 2024/25

Published 2024년 8월 28일

Tridge summary

The article forecasts a 5% increase in the planted area for the 2024/25 rice harvest in Mercosur countries, including Argentina, Brazil, Paraguay, and Uruguay. This expansion is expected to result in a 7.2% increase in rice production, totaling 15.462 million tons. Favorable weather conditions, full reservoirs, and high prices in 2023 and 2024 contribute to this optimistic outlook. Brazil, the largest producer, is projected to see a 3.4% increase in its rice area, leading to a 5.4% rise in production. Other countries like Paraguay and Uruguay are also expected to grow their rice production by 14.7% and 16.1%, respectively. This surge in production could help bolster the bloc's rice stocks and provide support for price control initiatives, as Brazil aims to maintain consumer prices around R$4.00 per kilogram.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(By Cleiton Evandro, AgroDados/Planeta Arroz) The first estimates for the 2024/25 harvest in the four rice-producing countries in Mercosur, Argentina, Brazil, Paraguay and Uruguay, indicate that the bloc should increase the planted area by 5% (107.95 thousand hectares) and the cereal production by 1.034 million tons (7.2%). The figures are projected by AgroDados Inteligência em Mercados de Arroz based on factors such as the expectation of favorable weather for the crop, dams and reservoirs at full capacity and the prices practiced in Mercosur in 2023 and 2024. In Brazil, the largest producer, consumer and importer in the bloc, an increase of 3.4% (or 55 thousand hectares) of the area is expected, almost all of it concentrated in Rio Grande do Sul. Brazilian production is expected to grow 5.4%, to 11.17 million tons, husk basis, around 600 thousand tons. Since it exported little, the country should start the year with larger stocks, which, together with the increase in production, ...
Source: Planetaarroz

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