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Brazil Soy Farmers Plant One Million Hectares per Day; Nearly Recoup Early Shortfall

RIO DE JANEIRO, BRAZIL - Brazilian farmers planted around one million hectares of soybeans per day during the last week to nearly catch up on sowing delays for the new grain season, consultancy AgRural said in a report on Monday, November 2nd.

AgRural said soybean planting in Brazil advanced in a week from 23 percent of the area to 42 percent by October 29th as farmers worked the fields at a breakneck pace after long-delayed rains provided the necessary soil moisture for them to progress.

The current planting situation is now close to the historical average of 44 percent by . . .

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