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BEIJING: Foreign media news on October 25: Brazilian consulting agency AgRural released data showing that the soybean planting progress in Brazil accelerated last week.

As of October 21, Brazil’s soybean planting progress in 2021/22 reached 38%, 16 percentage points higher than the previous week’s 22%, setting the second highest planting progress in the same period in history, second only to the same period in 2018/19 schedule.

Irregular rains in Brazil during the planting season last year caused the slow planting of soybeans.

AgRural said the soybean planting area has increased by 6.2 million hectares in the past week. With sufficient soil moisture, growers took advantage of the sunny weather last week to speed up planting.

Current Market Price in China for Chinese soybean

Product  Name Chinese soybean
Type Non-Gmo
Grade A
Moisture 12% max
Package 25kg paper bag
Purity 99.5%
Loading 22mt /20GP
Fob Dalian Usd 1100/mt
Delivery 20  days after the contract

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