Foreign media, October 18 news: As of October 14, Brazil’s soybean planting progress in 2022/23 was 19.1%, 9.7% last week, and 21% a year earlier, according to consultancy Safras & Mercado.
Safras reported that soybean planting progress in the top soybean producing state of Mato Grosso was 41%, above the historical average of 26.6% for the same period, but down from 45% in the same period last year. Planting progress in Mato Grosso do Sul is 15%, compared to the historical average of 17.3%. Planting in Goias is 17% complete, above the historical average of 8.8%
Soybean planting in Rio Grande do Sul has just started and is 0.2 percent complete.
Safras said Brazil’s soybean production in 2022/23 will reach a record 151.5 million tons, up 20.3 percent from the previous year, on the back of potentially higher yields and increased plantings.