Feb 20, 2025
2024/25 Brazil Soybeans 27.2% Harvested vs. 28.5 Average
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
Rainfall last week in Brazil favored Mato Grosso, Goias, and Rio Grande do Sul. Over the weekend, rain favored far northern and far southern Brazil. The forecast for this week is calling for more rain in northern and southern Brazil with dryer weather in central Brazil. Most of Brazil is expected to have warmer-than-normal temperatures this week.
Soybeans in Brazil were 27.2% harvested as of late last week compared to 30.7% last year and 28.5% average according to Patria Agronegocios. This represents an advance of 10.5% for the week. Mato Grosso made good progress last week and the state is now half harvested. With the forecast calling for less rainfall in central Brazil and more of the soybeans now mature, the harvest pace could catch up to average this week.
With the harvest pace increasing, there is less concern about harvest delays and potential quality issues, at least for the time being. This week should be a big harvest week in Brazil.
The yields in Mato Grosso are quite good, they are excellent in Goias, and yields are variable and somewhat disappointing in Parana. Therefore, the Brazil soybean estimate was left unchanged this week at 171.0 million tons with a neutral bias going forward.
Mato Grosso - Last week was a big week for soybean harvesting in Mato Grosso. Soybeans were 50.0% harvested as of late last week compared to 65.0% last year and 53.2% average according to the Mato Grosso Institute of Agricultural Economics (Imea). This represents an advance of 21.5% for the week. The mid-north region is most advanced at 69% harvested.
Given the dryer forecast and the fact that more soybeans are now mature, the harvest progress later this week may surpass the average pace, which would be a remarkable comeback after a delayed start. Below is the soybean harvest pace in Mato Grosso for February 14, 2025 from Imea.
Parana - Soybeans in Parana are 38% harvested with the fastest pace in the western part of the state. Hot and dry weather had the greatest impact on the later planted soybeans in the western part of the state. Yields in Parana are reported to be variable due to moisture stress during December and January. The Department of Rural Economics (Deral) indicated that the remaining soybeans are 48% filling pods and 50% maturing and the soybeans are rated 4% poor, 20% average, and 76% good.
Rio Grande do Sul - Hot and dry conditions last week continued to impact the soybeans in Rio Grande do Sul that are 38% flowering, 49% filling pods and 3% maturing. The state received more generous rain over the weekend, but the damage had already been done with aborted flowers and pods, premature leaf drop, smaller plant size, and fewer lateral branches. Earlier maturing soybeans and soybeans planted in late October and early November have suffered the most.