Brazil’s Next Soy Crop 43% Sold, Up From 15% Year Earlier

Soybean growers in Brazil, the largest producer of the oilseed after the U.S., had sold 43 percent of the coming 2012-2013 crop in advance as of Aug. 24, forecaster Celeres said in an e-mailed report.

That compares with 15 percent a year earlier, Celeres said. Growers will start planting the 2012-2013 crop next month.

To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at mlima11@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net

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