Overview by AgriBrasilis (07/27/24 - 08/02/24)

Two New Cassava Varieties Are Available for the Next Season in the State of Santa Catarina

Accounting for 62% of the country’s export revenues, agribusiness exported US$ 38.17 million in 1Q/2024, an increase of 14% compared to the same period in 2023. “Soybeans and wheat were the ones that increased revenues the most, with increases of 217% and 204%, respectively,” said the report from the Córdoba Grain Exchange. (BCCBA)

The government intends to eliminate “retenciones” (export taxes) on agribusiness products to recover the agroindustry. “…the State, among retentions and stocks, expropriates 70% of what is produced in the countryside. However, we know that removing these ‘patches’ would represent aggravating the crisis we inherited”, said Javier Milei, the country’s president. He also pointed out that “in the field, we know that we need to be patient”. (Government of Argentina)

Payment for Financia Leite SC (Finance Milk SC) projects of the State of Santa Catarina has started and a decree is in effect that suspends the granting of tax benefits for the milk and dairy products imports by the state. The State Secretariat of Agriculture and Livestock has received 262 projects to date, totaling approximately US$ 1.57 million, and 15 farmers have received funds, totaling US$ 88.5 thousand. The measure is part of the Leite Bom SC Program (Good Milk SC Program), which guarantees US$ 53.1 million to strengthen the sector. (Government of Santa Catarina; Epagri)

In the 2Q/2024, ADM reported operating income of US$ 459 million in its Agricultural Services and Oilseeds segment, a drop of 56% compared to the same period last year. This was due to lower crushing margins and grain demand. In addition, the company stated that “slow sales from farmers due to lower production in the State of Mato Grosso and higher logistics costs related to take-or-pay contracts led to much lower origination margins”. The company’s CEO, Juan Luciano, said that despite the results, they still expect “improved margin opportunities through the end of the year”. (ADM)

The development of the 2025 harvest season for the productive areas from Cooxupé cooperative may present losses due to the lack of rain and high temperatures. Water storage in the coffee park was below 50% and recorded a high thermal amplitude last month. In Guaxupé State of Minas Gerais, the maximum reached 32.6ºC, while in Cabo Verde, the minimum was 6.5ºC. “This can alter the metabolism of plants causing high energy consumption. In addition to the reduction of carbohydrates or interference in the process of cell division and differentiation”, stated the cooperative. (Cooxupé)

Number of companies undergoing judicial recovery increases in 2024. In the 2Q/2024, there was an increase of 8.48%, compared to the same period of the previous year. In the State of Rio Grande do Sul, the number of requests went from 6 to 28 in one year, with a focus on the soybean (11) and beef cattle (10) sectors, due to floods, drop in commodity prices and a decline in the price of beef. (RGF&Associados)

Two new cassava varieties are available for the next season in the State of Santa Catarina: SCS 256 Cigana and SCS 257 Petuna. They stand out for their above-average production performance and their flexibility to be harvested after one or two vegetative cycles. “In addition, they have other differential advantages such as having erect branches, white pulp roots, high starch content, ease of falling and tolerance to bacteriosis and anthracnose,” said researcher Alexsander Luís Moreto. (Epagri)

The National Policy for Urban and Peri-Urban Agriculture, Law No. 14,935/2024, was sanctioned. The Policy provides for food security and the strengthening of the local economy through the use of free or idle urban spaces for sustainable food production. In addition, it promotes environmental education and organic food production, with a focus on recycling and reusing waste. (Federal Official Gazette of Brazil)



In June of 2024, there was a 25.8% growth in wheat milling in Biobío, reaching 12,556 tonnes, representing 8.1% of the national milling. In the country, 154,612 tonnes were processed, an increase of 3.6% in one year. (INE)

The Ministry of Finance and Public Credit presented the General Budget for 2025, with the agriculture sector receiving US$ 1.23 million, a decrease of 45.3% compared to 2024, with US$ 2.4 million. (MHCP)

An estimative of 174,700 tonnes of coffee harvest for the 2024/25 season, an increase of 8.6% compared to the 2023/24 season, which was 160,826 tonnes. “Fortunately, we are having a larger season this year, the exchange rate has recovered and international prices with reference to the stock market have also recovered, improving liquidity for the farmer. The effort now must be to keep the coffee plantations in good condition and ensure that there is a greater amount of labor for harvesting in optimal conditions,” said Icafe’s executive director, Gustavo Jiménez. (Icafe)

High-yield crop areas were expanded by 60% through the implementation of more than 200 demonstration plots with high soil quality throughout the country. 200 varieties of high-value crops were supplied, which has increased by 70% the production of certified seeds with tolerance to the main pests and diseases for around 2 million small and medium-sized farmers. In addition, 15 quality analysis laboratories were installed. “We want farmers to know the condition of their soil for better agricultural production,” said Jorge Ganoza Roncal, head of INIA. (INIA)

In 2Q/2024, 35,835 tonnes of cocoa were exported (US$ 304 million), an increase of 72% in volume and 316% in value compared to the same period of the previous year. The average price was US$ 8.48/kg, an increase of 141%. (Fresh Fruit)

In 1Q/2024, the port of Nueva Palmira had a 30% increase in cargo movement due to the good grain season and the movement of Brazilian cargo. Highlights include soybeans, with 252 thousand tonnes, in addition to wheat, with 147 thousand tonnes exported from January to June of 2024. (ANP)


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