date:May 15, 2012
As of last Friday, 99.5% of this year's crop--estimated by Celeres at 64.95 million metric tons--had been harvested, with only a few fields in southern Brazil remaining.
Celeres said 83% of the 2011-12 soybean crop had already been marked for sale, up from 80% on May 4 and compared with Brazil's five-year average of 63% for this time of year.
Soybean futures in the U.S. hit a nearly four-year high at the end of April amid expectations for tight world supplies, after a drought in recent months