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According to the latest monitoring data from Conab, as of February 23 this year, soybean harvesting in Brazil reached 36.4% of the planned area of 47.4 million hectares. This is an increase of 10.9% compared to the previous week. It is worth noting that at this stage last year, 38% of the plan was completed, and the average for the past 5 years was 36.8%.
Looking at specific figures for individual regions, it can be observed that in Mato Grosso state, 66.1% of the planned soybean area has been harvested. This value is slightly lower than the previous year (76.4%) and the average for the last 5 years (65.6%). In Paraná, 40% of the plan has been completed, and in Mato Grosso do Sul, 29%.
Recent rainfall in Brazil has contributed to accelerating the soybean harvesting process. However, the southern part of the country is still suffering from dry weather conditions. Of particular concern is the situation in Rio Grande do Sul state, where there has been no rain for over a month, and temperatures are significantly above normal. Harvesting of soybeans in this region has not yet begun, but local farmers expect a reduction in oilseed soybean yield by approximately 40%.
