Nutrien releases results for the second quarter of 2023
Revised full-year guidance to reflect lower global potash prices than previously anticipated
Paraná should harvest 41,4 thousand tons of coffee (around 690 thousand bags) in the current harvest, a volume 42% higher than that obtained in the previous cycle (29,2 thousand tons), which was affected by the frosts of 2021. Until the end July, 63% of the expected volume was harvested. The analysis of the coffee growing situation in the State is in the Agricultural Situation Bulletin for the week of July 28th to August 3rd.
The document, prepared by technicians from the Department of Rural Economy (Deral), the State Secretariat for Agriculture and Supply of Paraná (Seab), shows that coffee crops at productive age occupy 25,8 thousand hectares in the State, with 91 % in good condition. Of the production to be harvested, 96% is maturing and 4% is fruiting.
The price received by coffee growers in Paraná in July was R$720,90 per 60-kilo bag. The value is 42,3% lower than the R$ 1.250,03 charged a year ago. Because of this, the bulletin points out that few deals have been done so far, as the price only covers variable costs.
In Paraná, the search is increasingly for the production of specialty coffees, which have greater added value and serve a more demanding market, which provides a better average sales price. To encourage the practice, which requires a lot of knowledge about production and strict post-harvest care, the State holds the Café Quality Award annually.
Registration is now open for the 21st edition of the competition. It can be done free of charge until October 2nd at any municipal unit of the Institute for Rural Development of Paraná – Iapar-Emater (IDR-Paraná).
The bulletin also discusses stone fruits – peaches, plums and nectarines. In 2022 they were explored on 1,3 hectares in Paraná, providing 17 tons of fruit and a preliminary Gross Production Value (VBP) of R$57,9 million.
The second crop bean harvest is closed in the State. The harvested area was 289 thousand hectares, a reduction of around 16% compared to last year, which was 342,9 thousand hectares. The 496 thousand tons produced represent a drop of 13% compared to the volume of the previous harvest (570,2 thousand tons). Climate adversities were one of the main reasons.
Prices for soybeans, corn and wheat rose on Chicago futures markets shortly after Russia's attack on Ukrainian ports in mid-July, but were not sustained until the end of the month. Alternative routes and the loss of Ukraine's participation in the international market caused them to retreat to a level close to that practiced before the attack.
In Paraná, corn producers received R$46,06 per bag, 1,6% lower than in June (R$46,83). Wheat farmers had the product priced at R$66,47, a drop of 0,2% compared to the previous month (R$66,34). For soybeans, the appreciation was 6,7% and paid R$127,75 in July. In June it was quoted at R$119,68.
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