# Brazil's Soybean Planting Progress Hits 71%

> AgRural reports Brazil's soybean planting reached 71% as of mid-November, well above the five-year average of 57%. Mato Grosso reached 96% planted and favorable weather has supported rapid planting across the country.

- Date: 2018-11-15 · published 2018-11-15T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/61886-brazil-s-soybean-planting-progress-hits-71
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Fast, favorable planting reduces weather risk to the Brazilian soybean crop, adding to expectations of ample supply and pressuring soybean and meal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-21 | [Brazilian farmers in Mato Grosso satisfied with the soybean planting progress — MercoPress](https://feedsoft.ai/events/61883-brazilian-farmers-in-mato-grosso-satisfied-with-the-soybean-planting-progress.md) | +1.1% | +1.4% |
| SOY | 2017-01-24 | [Brazil's Soybean Crop Seen as Amazing](https://feedsoft.ai/events/72859-brazil-s-soybean-crop-seen-as-amazing.md) | -3.3% | -3.0% |
| SOY | 2025-02-25 | [Brazil’s soybean harvest, safrinha corn-planting accelerate - Grain Central](https://feedsoft.ai/events/13513-brazil-s-soybean-harvest-safrinha-corn-planting-accelerate-grain-central.md) | -3.0% | -2.1% |
| SOY | 2024-11-28 | [New soybean crop planting crop advances and already exceeds 80% in Brazil](https://feedsoft.ai/events/13535-new-soybean-crop-planting-crop-advances-and-already-exceeds-80-in-brazil.md) | +0.5% | -0.9% |
| SOY | 2022-10-28 | [Brazil planting going full throttle](https://feedsoft.ai/events/13691-brazil-planting-going-full-throttle.md) | +3.2% | +3.9% |
| SBM | 2018-11-21 | [Brazilian farmers in Mato Grosso satisfied with the soybean planting progress — MercoPress](https://feedsoft.ai/events/61883-brazilian-farmers-in-mato-grosso-satisfied-with-the-soybean-planting-progress.md) | +0.3% | +0.2% |
| SBM | 2017-01-24 | [Brazil's Soybean Crop Seen as Amazing](https://feedsoft.ai/events/72859-brazil-s-soybean-crop-seen-as-amazing.md) | -2.6% | -1.8% |
| SBM | 2024-11-28 | [New soybean crop planting crop advances and already exceeds 80% in Brazil](https://feedsoft.ai/events/13535-new-soybean-crop-planting-crop-advances-and-already-exceeds-80-in-brazil.md) | -1.3% | +2.2% |

## Sources

- agriculture.com: https://www.agriculture.com/markets/your-world-in-agriculture/brazils-soybean-planting-progress-hits-71

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.