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MercoPress, en Español

Montevideo, April 28th 2024 - 00:22 UTC

Tag: wheat crops

  • Wednesday, April 19th 2023 - 09:41 UTC

    Brazil despite larger wheat crops, remains a net importer, but declining

    Brazil still does not produce all of the wheat it needs, with domestic demand seen at 13.2 million tons this season, stable from last year, according to StoneX data.

    Brazilian farmers will harvest a record wheat crop of 11.3 million tons in the 2023/2024 season, compared with 11 million tons in the previous one, StoneX said on Monday. In its first forecast for the new crop, StoneX said farmers will expand the planted area by 6.1% to 3.48 million hectares (8.599 million acres).