The area planted with rice in Argentina grew by 8.4%

Published 2024년 11월 27일

Tridge summary

Argentina has seen an 8.4% increase in rice planting area for the 2024/25 campaign, reaching the highest level since the 2014/15 cycle with 17,050 hectares more. Despite a drop in rice prices, the price of long fine paddy rice is $320 per ton, promising positive gross margins. The absence of the 'El Niño' phenomenon and projected equatorial Pacific neutrality are expected to boost national rice yield by 2-3%. The provinces with the largest rice cultivation are Corrientes, Entre Ríos, Santa Fe, Formosa, and Chaco, covering around 220 thousand hectares. However, rice producers in Entre Ríos are expressing dissatisfaction with the maintenance of the 'rice road' in the province, despite the provincial government's commitment to allocating 50% of rural real estate funds for production road maintenance.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rice planting in the Argentine Republic is complete, with a trend towards an increase in the area at the national level of 8.4%, which would represent an increase of 17,050 hectares. The area cultivated with the cereal in the new 2024/25 campaign would be the most important since the 2014/15 cycle. The Corrientes Association of Rice Planters and the Cereal Exchanges indicated that it is important to highlight that, although in recent weeks there was a drop in the price of the cereal, currently the price of long fine paddy rice is 320 dollars per ton. With this price, the indifference yield for the case of the long fine commercial type (which covered 81% of the total area in the 2023/24 cycle), would be approximately between 7,000 and 7,500 kg/ha (value achievable with the appropriate technology) and, therefore, positive gross margins are estimated. It is important to mention that the “El Niño” phenomenon will no longer be present, which during the summer of 2024 generated ...

Source: Martinsteeman