Foreign media, October 31 news: Consulting firm AgRural said on Monday that as of last Thursday (October 27), Brazil’s 2022/23 soybean acreage had reached 46% of the expected area, up from 34% a week earlier and last year. 52% over the same period.

The weather last week was favorable for planting to advance, especially in the states of Parana and Santa Catarina, although planting was still slower than normal due to excess moisture.

In Rio Grande do Sul, planting has been slow due to a persistent lack of rain, and farmers are waiting for more rain.

In the central-west and south-eastern parts of Brazil, spring rains have been irregular in some areas. Some soybean crops have failed to germinate due to lack of moisture, so they need to be replanted.

The Brazilian government expects that soybean production in 2022/2023 is expected to exceed 152 million tons, and the planting area will increase to 42.89 million hectares, an increase of 3.4% over the previous year, both record levels.

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