SÃO PAULO SETS SIGHTS ON 340,000 TONS OF WHEAT HARVEST BY 2025

São Paulo’s wheat harvest is expected to reach 340 thousand tons, with productivity ranging from 3,500 to 4,000 kg/ha due to ideal weather and disease-free conditions. Even with a smaller planted area, results are expected to surpass previous years, especially in irrigated zones. However, higher production expenses and interest rates affected farmers’ plans. The state’s Agriculture secretary emphasized the importance of sectoral chambers and agribusiness in boosting São Paulo’s GDP. Globally, prices are under pressure due to the simultaneous harvest across 80% of the world and Argentina’s enormous supplies. To support local producers, experts introduced ICMS tax incentives, allowing farmers to reclaim credits on agricultural inputs, enhancing financial stability and encouraging reinvestment.
Source: Sindustrigo / Notícias Agrícolas (*Translated by Ia Niani)