Soybean harvest progresses at a rapid pace

The soybean harvest continues “at full steam” in the main regions of Brazil.

According to an analysis by Cepea, the highest productivity has been confirmed in many regions, which reinforces the estimate of record production in the country.

With the supply of grain increasing and buyers more active, business for immediate delivery has heated up, according to the Research Center.

Conab estimates national soybean production at 167.37 million tons, 0.8% more than that indicated in February and 13.3% higher than the 2023/24 harvest - of this total, 56.3% had already been harvested by March 9, according to the Company.