StoneX estimates 14% increase in Brazil's new wheat harvest

Published 2024년 3월 6일

Tridge summary

StoneX's first estimate for the 2024/25 Brazilian wheat harvest predicts a 14% increase to 9.22 million tons, despite an 11% decrease in the planted area, particularly in the south. The growth is attributed to an increase in productivity, with an estimated yield of 3.02 tons per hectare, up from 2.34 tons in the previous season.

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Original content

SÃO PAULO (Reuters) - The 2024/25 Brazilian wheat harvest is expected to increase 14% compared to the previous season, totaling 9.22 million tons, according to StoneX's first estimate for the cycle, with planting starting in a few more weeks. According to the consultancy, growth should come from an increase in productivity, as the planted area should decrease, mainly in the south of the country, which concentrates the largest portion of cereal production. StoneX estimates the planted area at 3.05 million hectares, 11% less than in the previous harvest. The estimated productivity is 3.02 tons per hectare, versus 2.34 tons last season, ...

Source: NoticiasAgricolas