News

Soybean harvest reaches 23% in Brazil with rain expected in RS, says AgRural

Maize (Corn)
Brazil
Sustainability & Environmental Impact
Soybean
Market & Price Trends
Published Feb 12, 2024

Tridge summary

Brazil has cultivated 23% of its 2023/24 soybean harvest area, marking a 7% increase from the previous week and the second highest in AgRural's history for this period. Over half of the area in Mato Grosso has been harvested with promising productivity expectations for Matopiba. However, weather conditions have raised concerns for the South of Brazil. Meanwhile, the sowing of 2024 off-season corn in the Center-South of Brazil has reached 38% of the estimated area, led by Mato Grosso.
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

The area cultivated with soybeans in Brazil's 2023/24 harvest was 23% harvested by Thursday (08), according to a survey by AgRural. The number represents an increase of 7 percentage points over the 16% from a week earlier and surpasses the 17% from the same period last year. Furthermore, the index is the second highest in AgRural's historical series for this time of year, behind only the 26% for the 2018/19 harvest. With more than half of the area already harvested in Mato Grosso and good expectations regarding Matopiba's productivity, the focus remains on the South of Brazil. In addition to the consolidated losses in Paraná due to the hotter and drier weather recorded since January, the alert remains on in Rio Grande do Sul, where producers hope for more rain and less heat to maintain the hope of a full harvest in the state. *** Safrinha 2024 is 38% planted in the Center-South of Brazil The sowing of 2024 off-season corn reached 38% of the estimated area for the Center-South of ...
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