Brazilian Soy Planting Progress

The 2008/09 Brazilain soybean crop is 75% planted as of Nov. 27, according to consulting firm AgRural.

This is slightly behind last year's pace of 77%, they added.

AgRural said Mato Grosso state, Brazil's leading soy producing state, has planted 97% of its soy for 2008-09. Planting in Parana, the No. 2 producer, was 89% done, they said.

AgRural estimates that Brazil will harvest 61.8 million metric tons of soybeans in 2008-09.