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After first harvests, Conab confirms record harvest estimate

With a larger planted area and favorable weather conditions, the National Supply Company (Conab) estimates a record grain harvest in the 2024/25 season, at 330.3 million tons. According to the agency, with the harvest of first-crop crops at an advanced stage, this outlook has been confirmed.

The data of the 7th Grain Harvest Survey 2024/25, released on Thursday (10) by Conab, indicates a growth of 10.9% or 32.6 million tons when compared to the 2023/24 cycle.

The estimated increase is due both to a larger planted area, forecast at 81.7 million hectares, with the incorporation of 1.7 million hectares in relation to the last harvest, and to the favorable weather conditions recorded in the first harvest in the main producing regions. “The positive outlook for the weather also supports the development of crops in the second harvest. In this scenario, a recovery in productivity of 8.6% is expected, estimated at 4,045 kilos per hectare,” highlighted the company.

Soy

Soybeans continue to be the main product cultivated in the first harvest and should register the largest volume ever harvested in the country. In this harvest, Conab forecasts a production of 167.9 million tons, a result 20.1 million tons higher than the last harvest.

The Center-West, the main grain producing region, is expected to register a new record in average crop productivity with 3,808 kilos per hectare, surpassing the 2022/23 cycle.

In Mato Grosso, the harvest has already reached 99.5% of the planted area with average productivity reaching 3,897 kilos per hectare, the highest ever recorded in the state. A similar scenario is seen in Goiás, where harvesting work has already reached 97% of the area with a productivity of 4,122 kilos per hectare.

With the soybean harvest well underway, the planting of the second corn crop is close to completion. Total production of the cereal, taking into account the three crop cycles, is estimated at 124.7 million tons in 2024/25, an increase of 9 million tons compared to the previous cycle.

For cotton, the expectation of record production has also been confirmed. Planting has been completed with an estimated area of 2.1 million hectares, an increase of 6.9% over the 2023/24 harvest. For lint production, a harvest of 3.9 million tons is expected, 5.1% above the volume produced in the previous harvest.

Rice and beans

According to Conab, the rice harvest is also progressing well, with more than 60% of the planted area already harvested. “The weather conditions in the main producing regions, so far, are favorable for the development of the crop,” the agency reported.

In the case of beans, the expected increase in production is 2.1%, which could reach 3.3 million tons added to

3 legume harvests. The increase follows the improvement in average crop productivity, which goes from 1,135 kilos per hectare to 1,157 kilos per hectare, as the area remains stable at 2.86 million hectares.

Business

With the increase in the corn production estimate, Conab also raised its forecasts for grain consumption in the harvest. The new expectation is for a volume of 87 million tons consumed in the domestic market and 34 million tons for export. “Even with the increase in domestic consumption, the final stock should reach around 7.4 million tons of grain,” it said.

According to Conab, a similar scenario is found for cotton, in which the increase in production allows for an increase in both consumption and the fiber's stock of passage.

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