The planting of the new Brazilian soybean crop advanced at a good pace last week in most of the country’s producing states.
The positive highlight is the great recovery registered in western Bahia, a region that suffered from low soil moisture and a long delay in sowing.
According to research conducted by SAFRAS & Mercado, until November 29, Brazilian producers sowed 84.3% of the total expected area for the country. This index is equal to approximately 31.13 million hectares sown, out of a total of 36.942 million hectares estimated for planting in the country. In the previous week, the index reached 75.7%. In year-ago comparative period, the index reached 94.9%, while the five-year average for the period is 88.1%.