AgRural: Brazil soybean planting progress is 9.6% as of last Thursday

Foreign media, October 10 news: Consulting firm AgRural said on Monday that as of last Thursday (October 6), Brazil’s 2022/23 soybean planted area had reached 9.6% of the expected area, up from 3.8% a week ago, but That was down from 10.1 percent a year earlier, as erratic weather hampered planting in some areas.

AgRural said that the weather continued to be rainy in Parana, Santa Catarina and Mato Grosso do Sul, which prevented the planters from entering the fields. In Mato Grosso, Brazil’s top soybean producing state, low soil moisture due to erratic rainfall also limited planting progress, particularly in the north-central part of the state.

Despite some setbacks in the early stages of planting, industry analysts remain optimistic that soybean production in 2022/2023 is expected to exceed 150 million tons, and the planting area will increase to nearly 43 million hectares, both record levels.

Brazil began planting soybeans in mid-September. In areas planted earlier, it is possible to start harvesting in January.