Soybean planting progresses, but moisture is a concern for producers.

Planting soy Harvesting is progressing in different regions of Brazil, but excess soil moisture continues to hinder agricultural work, while prices remain stable or decline in the main producing areas. According to TF Agroeconômica, crop conditions, logistics costs, and payment terms require producers to pay close attention to marketing.

In Rio Grande do Sul, the Santa Rosa region had 6% of the planned area sown, according to a survey by Emater/RS-Ascar. In the Pelotas region, work began in Herval, Canguçu, and Piratini, while other areas are still undergoing preparation. In Ijuí, soybeans remained at R$ 145.00 per sack, while Passo Fundo registered R$ 146.50, without changes.

In Santa Catarina, Abelardo Luz showed a decrease of 0.68%, with the sack quoted at R$ 147.00 FOB. In Paraná, planting advanced from 39% to 47% of the planned area, according to Deral, but the waterlogged soil still limits operations. Paranaguá registered R$ 155.50 per sack, Cascavel R$ 144.50 and Ponta Grossa R$ 147.50.

In Mato Grosso do Sul, Maracaju and Sidrolândia maintained prices at R$ 141.00 per sack. The excess moisture is a concern due to the risk of seed and fertilizer losses, as well as potential additional expenses in crop establishment.

In Mato Grosso, all five markets monitored by Imea registered a drop. Sorriso showed the largest decline, of 0.37%, with the sack at R$ 134.00. In Rondonópolis, the price reached R$ 140.50. The state's planting reached 51.86% of the planned area.

Despite the progress in planting, the consultancy emphasizes that fluctuations in Chicago do not solely determine regional prices. Freight, premiums, grain quality, and payment terms remain crucial for the profitability of transactions.