Brazilian Soy Crop 92 Pct Planted, Crop Ratings Fall

The Brazilian 2008/09 soybean crop is 92% planted as of Dec 11 according to AgRural, slightly behind last year's pace of 95% done.

The private consulting firm estimates final 2008/09 planted area at 22m ha producing a crop of 61.8mmt.

Mato Grosso state, Brazil's No.1 soy producer, has finished planting its soy for 2008/09, the firm said, whilst plantings in Parana, the No. 2 soy growing state, were 97% done.

Dry weather is still a concern however, despite some rains last week, the number of fields in good condition falling to around 66% from 86%, the firm said.