Rains slow Brazil's new soy crop planting, consultancy says

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Rains slow Brazil's new soy crop planting, consultancy says
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Excess rains in some areas of Brazil have slowed sowing of the country's 2022/2023 soybean crop, according agribusiness consultancy AgRural on Monday.

As of last Thursday, the total area planted with the oilseed reached 3.8% in the world's largest producer of soybeans. This compares with 4.1% a year ago, according to AgRural.

At the same time, a separate forecast from consultancy Safras & Mercado on Monday showed a slightly different picture for Brazil's soy planting.

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