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Markets Print edition: 2026-11-10

Brazil soy planting hits 64pc

Published Updated
By

SAO PAULO: Brazilian farmers had planted 64 percent of the projected area of their 2026/27 soybean crop as of last Thursday, agribusiness consultancy AgRural said on Monday, up from 53 percent a week earlier and above the 61 percent at the same time last year.

Planting has faced far fewer difficulties than would be expected in an El Niño year, and the crop has not encountered any serious problems so far, AgRural said in a statement.

Still, some farmers remain on edge as rains remain uneven across the Cerrado region, it noted, while rainfall has been excessive in Southern Brazil.

AgRural pointed to concerns in top grain-producing state Mato Grosso, where there is dryness as planting approaches its final stages. Replanting may be required in some fields in the “Matopiba” region spanning the states of Maranhao, Tocantins, Piaui and Bahia, AgRural added.

Separately, planting of Brazil’s 2026/27 first corn crop reached 71 percent of the projected area in the center-south region, compared with 63 percent a week earlier and 72 percent a year earlier.

Brazil is the world’s largest soybean producer and exporter, as well as a major corn supplier.

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