Brazil’s 2024/25 soybean planting reached 18%, AgRural says

Published 2024년 10월 22일

Tridge summary

Brazil's soybean planting for the 2024/25 season has reached 18% of the expected area, an increase from the previous week but still below last year's pace, marking the slowest progress since 2020/21. Rainfall has helped in some regions, and planting is expected to speed up later in October. In contrast, farmers in Brazil's center-south region have planted 48% of the first corn crop area, exceeding last season's 46%. The first corn crop represents about 20% of the national output, with the second crop, planted post-soybean harvest, accounting for approximately 75%.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazil’s soybean planting for the 2024/25 season had reached 18% of the total expected area as of last Thursday, agribusiness consultancy AgRural said on Monday, up from 8% the week before but still below last year’s 30%. Rainfall helped work in the fields advance in several states last week, AgRural said in a statement, but the overall pace remains the slowest for the period since 2020/21 as planting in top grain-producing state of Mato Grosso remains slow. “With the gradual improvement in rainfall in the Center-West, Southeast and North-Northeast regions, the expectation is for planting to gain pace in the second half of October,” the consultancy added. AgRural also noted that farmers in Brazil’s key center-south region had planted 48% of the expected area for the 2024/25 first corn crop as of last Thursday, up 7 percentage points from the previous week and above the previous season’s 46%. ...

Source: Hellenic Shipping News