2021/22 Brazilian Soybean Planting Second Fastest on Record

The weather in central Brazil continues to improve and Brazilian farmers are taking advantage of the improved soil moisture to rapidly plant their 2021/22 soybeans.
Nationwide, Brazilian farmers had planted 24.4% of their 2021/22 soybeans as of the end of last week compared to 9.2% last year and 15.8% average according to the consulting firm DATAGRO. This represents an advance of 10.3% for the week and it is currently the second fastest soybean planting on record.
In the municipality of Rio Verde in southern Goias, the rainfall has been improving since early October and farmers have now planted 50% of their anticipated soybean acreage. Last year at this time, the soybean planting was just getting started due to dry conditions.
This is a good start for soybean planting and if the weather cooperates for the rest of the growing season, soybean yields in the municipality should be in the range of 60 sacks per hectare (53.6 bu/ac), which is the recent historical average.
The rapid soybean planting is good news for farmers who will plant a second crop of corn. At the current soybean planting pace, the safrinha corn in Rio Verde should all be planted during the month of February, which is within the ideal planting window for safrinha corn.
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