With soybean harvesting in 16% of the area in Brazil, the alert is now in the South

Published Feb 5, 2024

Tridge summary

Brazil's 2023/24 soybean harvest has progressed to 16% of the cultivated area, marking the second highest record for this time of year, largely due to contributions from Mato Grosso and Paraná. However, potential productivity losses are anticipated due to hot weather and scarce rainfall in the southern region. Concurrently, the planting of the 2024 off-season corn in the Center-South of Brazil has reached 27% of the estimated area, setting a record pace in AgRural's history. The 2023/24 summer corn in the same region is 17% harvested.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The 2023/24 soybean harvest reached 16% of the cultivated area in Brazil on Thursday (1st), compared to 11% a week earlier and 9% in the same period last year, according to a survey by AgRural. The index continues to be driven by Mato Grosso and Paraná, and is the second highest ever recorded at this time of year, behind only the 19% of the 2018/19 harvest. The combination of hot weather and little rain in later areas, especially in the southern region of the country, raised an alert for producers in Rio Grande do Sul, Santa Catarina and parts of Paraná and Mato Grosso do Sul. These conditions, if they persist throughout February, could result in productivity losses. Off-season planting reaches 27% in the Center-South and is the fastest in the historical series The planting of 2024 off-season corn reached 27% of the estimated area for the Center-South of Brazil on Thursday (1st), compared to 11% in the previous week and also 11% a year ...
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