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Brazil soy farmers plant 1 mln hectares per day, nearly catch up on delay

Nov 2 (Reuters) - Brazilian farmers planted around 1 million hectares of soybeans [2.47 million acres] per day during the last week to nearly catch up on sowing delays for the new grain season, consultancy AgRural said in a report on Monday.

AgRural said soybean planting in Brazil advanced in a week from 23% of the area to 42% by Oct. 29 as farmers worked the fields at a breakneck pace after long-delayed rains provided the necessary soil moisture for them to progress.

The current planting situation is now close to the historical average of 44% by this time of the year.

AgRural grain analyst Daniele Siqueira said conditions improved a lot for planting in most areas in the country, but more humidity was necessary in Parana, the second-largest soy producer after Mato Grosso.

Brazil’s new grains season has been delayed by drier-than-normal conditions this year.

Although farmers can catch up on the delay to plant soybeans, other crops that are normally planted after soybeans are harvested – in the traditional rotation system in the country – could suffer and be exposed to less favorable conditions, such as corn and cotton.

(Reporting by Marcelo Teixeira. Editing by Bernadette Baum.)

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