Oct 11, 2022
2022/23 Brazil Soybeans 10% Planted, Slightly Ahead of Average
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
The 2022/23 Brazil soybeans were 10% planted as of late last week compared to 10% last year and 8% average according to AgRural. This represents an advance of 5% for the week. The rhythm of planting slowed down slightly due to excessive rains in the states of Parana, Santa Cataria, and Mato Grosso do Sul and isolated dryness in the state of Mato Grosso. The forecast for this week continues to look favorable for soybean planting.
The planting season in Brazil is getting off to a generally good start, which is better than what was expected several months ago.
Mato Grosso - Soybean planting in Mato Grosso was 18.6% complete as of late last week compared to 20.3% last year and 10.8% average according to the Mato Grosso Institute of Agricultural Economics (Imea). This represents an advance of 12% for the week. The most advanced planting pace is in the western part of the state where the soybeans are 30% planted. The slowest planting is in northeastern Mato Grosso where 4% of the soybeans are planted. Below is the 2022/23 soybean planting progress in Mato Grosso from Imea.
Parana - Farmers in the state had planted 21% of their soybeans as of late last week compared to 28% last year and 29% average. The soybeans are 61% germinating and 39% in vegetative development. The soybeans are rated 1% average and 99% good.
Early soybean planting is underway in Mato Grosso do Sul, Goias, Sao Paulo, and Minas Gerais. The soybean planting in Brazil is generally getting off to a good start.