Soybean Planting Progress Surges Ahead of Schedule

Brazil’s soybean planting for the 2024/25 season is nearing its final phase, with 43.41 million hectares sown out of the projected 47.401 million hectares by November 29. This progress is ahead of both the 85.6% completion rate last week and the 83.3% recorded during the same period last year. The five-year average for this stage is 86.7%, reflecting accelerated operations this season.

Regional Highlights

Rio Grande do Sul

• 4.603 million hectares sown out of a total 6.87 million hectares.
• Progress increased from 52% last week and exceeded the 51% rate from the same period last year.
• Five-year average: 63%.

Paraná

• 5.9 million hectares planted.
• The completion rate last year and five-year average for this stage were both approximately 98%.

Mato Grosso

• 12.58 million hectares sown.
• Both last year and the five-year average reflect a 99% completion rate.

Mato Grosso do Sul

• 4.35 million hectares planted, maintaining the same rate as last week.
• This marks a slight improvement from the 99% rate last year, and the five-year average of 98%.

Goiás

• 4.85 million hectares sown.
• This represents significant progress compared to 87% last year and a five-year average of 91.2%.

São Paulo

• 1.426 million hectares planted out of a total 1.44 million hectares.
• Last year’s rate was 85%, and the five-year average is 91.2%.

Minas Gerais

• 2.327 million hectares sown out of a total 2.35 million hectares.
• Last year’s completion rate was 80%, and the five-year average is 90%.

Bahia

• 2.079 million hectares sown out of a total 2.1 million hectares.
• Progress exceeds the 85% rate last year and the five-year average of 79%.

Favorable Climate Supports Crop Development

The climate has generally been favorable, aiding soybean planting and growth across key regions. However, some areas have received less-than-ideal rainfall, particularly in parts of the Midwest and Southeast. Upcoming weather forecasts indicate:

• November 29 to December 5: Increased moisture over Southern Region states and moderate rainfall in parts of São Paulo, Minas Gerais, Goiás, and Mato Grosso.
• December 6 to 12: Significant rainfall expected in the Midwest, Southeast, and Paraná, with Minas Gerais seeing the most moisture. Northern and Northeastern states may receive lighter rainfall, while Rio Grande do Sul is likely to remain dry.

Conclusion

Brazil’s soybean planting for the 2024/25 season continues at an impressive pace, surpassing historical benchmarks. Favorable climatic conditions and timely operations are setting a strong foundation for crop development. With planting nearing completion, attention will now shift to monitoring rainfall patterns and crop growth across key regions.





Click here to reach our trading platfrom CMBroker