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Wednesday, June 19, 2024

Cotton acreage gains over other grain crops in Brazil

Cotton cultivation advanced by 10.94 percent last week, over the same amount the previous year in Brazil’s significant cotton-growing province of Mato Grosso.

This development comes from a delay in soybean sowing in Mato Grosso due to a lack of rain and the planting window for off-season corn becoming narrower with each passing day.

This has resulted in farmers reviewing their strategies for the 2023-24 season and has led to cotton acreage gaining strength and also the expectation of greater profitability of cotton over corn.

According to the Mato Grosso Institute of Agricultural Economics (IMEA), cotton sowing in Mato Grosso, 36.66 percent of the area estimated for the 2023-24 harvest has already been sown.

The northeast and southeast regions are more advanced, with 56.60 percent and 41.88 percent of areas cultivated with cotton, respectively.

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