Soybean planting pace improves but remains delayed in Brazil

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Porto Alegre, November 21, 2023 – The planting of the new Brazilian soybean crop resumed at a better pace in most of the main growing states in the period between November 11 and 17. Nevertheless, excess moisture in the South region once again prevented farm machines from progressing better, which resulted in the maintenance of a pace that was still far behind the five-year average.

According to research carried out by SAFRAS & Mercado, as of November 17, Brazilian growers had sown 68.2% of the total area expected for the country in the 2023/2024 crop. The percentage is equivalent to approximately 31.092 mln hectares sown, out of a total of 45.619 mln hectares estimated for planting. In the previous week, the percentage was 57.1%, while in the same period of the previous year the percentage was 76.8%. The five-year average for the period is 78.1%.

In Rio Grande do Sul, out of an expected total area of 6.6 mln hectares, 23% were sown, or the equivalent of approximately 1.518 mln hectares. In the previous week, the percentage was 14%. In the same period last year, the percentage was 30%, while the five-year average for the period is 44.4%.

In Paraná, 87% of the area destined for soybeans were sown. The percentage is equivalent to approximately 5.133 mln hectares planted, out of a total of 5.9 mln hectares estimated for the state. In the previous week, the percentage was 76%. In the same period last year, the percentage was 96%, while the five-year average for the period is 95.2%.

In Mato Grosso, out of an expected total area of 12.23 mln hectares, 97% have already been sown, equivalent to approximately 11.863 mln hectares. The previous week, the percentage was 92%. In the same period last year, the percentage was 99%, while the five-year average for the period is 98.4%.

In Mato Grosso do Sul, out of a total area estimated at 4.28 mln hectares, 86% were sown, or the equivalent of approximately 3.681 mln hectares. The previous week, the percentage was 75%. In the same period in 2022, the percentage was 99%, while the five-year average for the period is 95.8%.

In Goiás, out of an expected total area of 4.7 mln hectares, 70% were sown, or approximately 3.290 mln hectares. The previous week, the percentage was 52%. In the same period last year, the percentage was 85%. The five-year average for the period is 85.4%.

In São Paulo, of a total area estimated at 1.4 mln hectares, 63% were sown, equivalent to approximately 882 thousand hectares. The previous week, the percentage was 50%. In the same period of the previous year, the percentage was 80%. The five-year average for the period is 79.2%.

In Minas Gerais, out of an expected total area of 2.2 mln hectares, 60% were sown, or the equivalent of 1.32 mln hectares. The previous week, the percentage was 45%. In the same period of the previous year, the percentage was 69%, while the five-year average for the period is 80.4%.

In Bahia, out of a total area estimated at 2 mln hectares, 45% were sown, or approximately 900 thousand hectares. In the previous week, the percentage was 22%. In the same period last year, 48% had been sown. The five-year average for the period is 47.6%.

Climate maps now point to another period of greater moisture over the Midwest and Southeast regions, in addition to the North region, between November 19 and 25. Part of the Northeast region should receive some moisture but with lower accumulations. In the South, large accumulations are expected again.

In the period between November 26 and December 2, moisture should be slightly lower in the Midwest, Southeast, and North regions, although rain is still expected. In the Northeast region, little or no moisture is expected, while in the South region large accumulations should occur again.

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