Brazil soybean farmers have already planted nearly 91% of total area amid good weather

RIO DE JANEIRO, BRAZIL – Planting of Brazil’s 2021/2022 soybean crop reached 90.6% of the total area as of Friday (26), according to an estimate by agribusiness consultancy Safras & Mercado released Monday. Last week, soybean farmers had sown 84.2% of the area in the same period.

Planting is above the five-year average for the period (85.7%), as the weather has been mild in many producing regions of Brazil, the world’s largest producer and exporter of the oilseed.

In Mato Grosso, Brazil’s leading producing state, soybean planting has been completed. It has also practically finished in Paraná, according to the Safras & Mercado survey.

Brazil’s 2021/2022 soybean crop, boosted by steady rains in October and early November, may reach a record above 145 million tons.

According to the highest estimate in a Reuters survey, the area planted to soybeans this season in Brazil may reach 40.8 million hectares (100.8 million acres).