Safras: Brazil soybean planting progress is 55.9% as of Nov. 4

Foreign media, November 8 news: Brazil’s soybean plantings in 2022/23 reached 55.9% of the expected planting area as of November 4, 2022, up from 46.8% a week earlier, according to data from Brazilian consultancy Safras & Mercado. . In the same period last year, it was 64.6%, and the average progress in the same period of five years was 54.1%.

In Mato Grosso, soybean planting is 94 percent complete, above the five-year average of 84.8 percent; Parana planting progress is 70 percent, versus the five-year average of 78.4 percent. Soybean planting progress in Mato Grosso do Sul is 73 percent, and the five-year average is 70.8 percent.

Goiás 62%, five-year average 52.6%; São Paulo 63%, five-year average 48.8%; Minas Goias 35%, five-year average 42.%; Rio Grande do Sul 7%, five-year average 14.6%.

Brazil’s soybean planting area in 2022/23 is expected to be 42.88 million hectares, an increase of 2.6% over the previous year’s 41.8 million hectares; soybean yield is expected to increase from 3,027 kg/ha to 3,550 kg/ha, and the output is expected to be 151.5 million tons, up from the previous year of 125.88 million tons, an increase of 20.3%.