Amendoins

Com o problema da estiagem sobre a Safra do amendoim, Abex-BR pede auxílio ao Governador de SP

ABEX-BR NA MÍDIA Veja o que diz Luiz Antônio Vizeu, coordenador do Núcleo de Promoção e Pesquisa (NPP) da Abex-Br , em entrevista ao Canal AgroMais, sobre os efeitos do El Nino na safra 2024 do amendoim brasileiro.

Dear reader, We haven’t had a February report, due to adjustment in dates of publishing in order to be more updated with the export information. Another detail, as we have very few information on exports in 2024, I will analyze below the exports of the crop year. Overview Since mid-February, harvesting has commenced in most regions, although with very modest volumes. Early plantings, which endured prolonged periods of drought, have yielded disappointing results in terms of both productivity and quality, particularly concerning aflatoxin levels. Areas like Middle Tiete and Alta Paulista appear to have fared worse than Mogiana, although this one’s performance was not good either. Recent rainfall has complicated the harvesting process for early growers but brought relief to late growers still awaiting maturation and requiring moisture. It's widely agreed that the bulk of the harvest, roughly 80%, will occur in March and April, offering a clearer picture of the crop's actual outcome. With indications of a subpar crop, growers have resisted reducing raw material prices, contrary to expectations among shellers at the beginning of the crop. This has raised concerns, especially considering Russia's reluctance to meet prices that would enable shellers to procure the raw material, given its significant share of Brazilian exports. The EU market presents a more promising prospect, as shellers are able to command considerably higher prices, particularly during periods when Argentina will not be able to supply yet, the difficulty here for the exporters is finding raw material with the needed quality to the EU. Finally, the viability of the peanut oil market remains constrained by persistently low prices, limiting its potential as a significant consumer of raw material, as observed in the past. Tables, charts and analyzes below. I hope this information is useful for you. Best regards,

Overview With the final stages of the crop incoming, Mogiana region has had 20 days of good weather and don’t expect to see any huge drop in productivity compared to last crop. A 10-15% drop is mentioned as possible, besides more problems with aflatoxin compared to last year, all this due to the dry and high temperature periods in the early stages. Recent reports from Alta Paulista show that the situation there has improved with the latest rains, the peanuts planted earlier will suffer more, but the ones delayed will not suffer so much. December figures expose a considerable decrease in peanut exports, already expected as stocks grow shorter. Besides an 14% increase in oil exports. Tables, charts and analyzes below: