Advance sales of Brazil's 21/22 soybeans harvest reach 19 percent of production

Sales are below the 36 percent of the same period last year, but above the five-year average of 14 percent

{reg}[PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] The Brazilian soybeans' commercialization of the new season (2021/22, planted September) reached 19 percent of the estimated production, reports Forbes. Sales are little behind the 36 percent seen in the same period last year, but above the five-year average of 14 percent.

For the current harvest, almost closed, the commercialization reached 76 percent and showed slowness compared to the 71 recorded in May.

In the period, the commercialization evolved little and the total negotiated of the 20/21 crop was below the percentage of the same period last year (89 percent). However, it was still above average for the period (71.5 percent), due to the consistent rise in prices.