Brazil: Peanut harvest in the interior of São Paulo should exceed one million tons

The peanut crop in the interior of São Paulo is growing. According to the Peanut Sectorial Chamber, the expectation is that production exceeds one million tons, growth of 20% compared to the previous year, being the best harvest in recent years. Brazil hopes to increase peanut production in 2023, with the support of international partners, the growth in demand for chocolate and recognition of the nutritional properties of the product. The weather is one of the factors that favored the increase. According to specialist Leonardo Sodré, CEO of GIROAgro, one of the largest fertilizer companies in the country, “today more than 90% of peanuts in Brazil are produced in the state of São Paulo. This year, the state has been the protagonist of its specialties and techniques, with that it is generating results that impact our agronomic visibility”. In 2022, a bag was being sold for around R$60 and currently the quotation is already reaching R$90. With the growth, producers are investing even ...