2023-24 SOYBEAN HARVEST REACHES 55% OF THE AREA IN BRAZIL

As of Thursday (7), the harvest of the Brazilian soybean crop for 2023–24 has covered 55% of the country’s planted area, according to the AgRural survey. This number indicates a rise when compared to the previous week’s 48% and the prior year’s 53%. According to AgRural, the reason for the decrease, when compared to past years, is that the present harvest is focused on regions that were planted after the deadline. Work has also been slowed considerably by the unceasing rain, especially in Matopiba (Maranhão, Tocantins, Piauí, and western Bahia). Any problems with quality brought on by excessive humidity are isolated incidents. Although Rio Grande do Sul’s harvest is still in its early stages, the crops are in fair condition, and high yields are expected.

Source: Revista Dinheiro Rural (*Translated by Ia Niani)