Brazil’s soybean planting reaches nearly 97% of projected area: Conab

Brazilian soybean sowing reached 96.8% of the projected area of 47.3 million hectares in the week ended Sunday December 15, a weekly advance of 2.7 percentage points. This surpassed the 94.6% completion rate from a year earlier, national food agency Conab said in its weekly crop progress report, published late on Monday December 16.