2024/25 Brazil Soybean Harvest 40% Complete, Weekly Progress 10%

27-Feb-2025 10:40 AM

2024/25 Brazil Soybean Harvest 40% Complete, Weekly Progress 10%
★ Last week, Brazil's south-central regions received good rainfall, while southern Brazil remained dry. Next week, rainfall is expected mainly in the northwestern regions (Mato Grosso), but drought conditions will persist in the southern Safrinha corn areas.  
★ Soybean harvesting has reached 37.6%, close to last year's 38% and the average 36.8%.
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Argentina Soybean Production Estimate Stable at 48 Million Tons
★ Heavy rainfall was recorded in La Pampa, Buenos Aires, and Entre Rios, while dry conditions continued in central and northern Argentina. More rain is expected next week, which could help stabilize the crop condition.