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Harvesting and US dollar appreciation increase liquidity in BR

Cepea, February 18, 2020 – The weather favored soybean harvesting in Brazil in the first fortnight of February, primarily in the central-western region of the country and in Paraná, increasing supply in the domestic market. This scenario added to the strong US dollar – the American currency hit a nominal record in the first fortnight of February – increased growers’ interest in trading batches from the 2019/20 and the 2020/21 crops. Besides, many of them were more willing to close deals, due to the uncertainties about the Chinese demand in the coming days
Fonte: CEPEA



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