NEWS
Alastair Stewart South America Correspondent
Fri Oct 31, 2014 03:19 PM CDT

Brazil's Mato Grosso Soy Planting Advances 20 Percentage Points

Soybean planting in Mato Grosso -- Brazil's No. 1 producing state -- advanced 20 percentage points over last week after showers returned to break a month-long dry spell.

As of Friday, farmers had planted 40.5% of Mato Grosso's projected soybean area, according to the farm-sponsored Mato Grosso Agricultural Economy Institute (IMEA).

However, planting remains well behind schedule. At the same time last year, some 71.7% of the crop had been planted.

The return of rains came as a massive relief to farmers who are in a rush to plant so they ...

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