Rio de Janeiro, Brazil - Sales of Brazil's next soybean harvest (2021/22) reached 15.2% by May 7, DATAGRO consulting firm estimated on Thursday, May 13, pointing to a delay in relation to last year, but above the historical average for the period.
A year ago, when sales were accelerated, 28.2% of the expected production had already been negotiated. The average for the past five years for the period is 11.6%.
For the current cycle (2020/21), where harvest is coming to an end, soybean sales reached 71.8%, compared to 80.6% in the same period . . .