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Prices drop in late May, but monthly averages are the highest since Jun/16, in real terms

Cepea, June 2, 2020 – The dollar depreciation against Real in May weakened the prices paid for soybean and its by-products in the Brazilian market, which reduced liquidity on some days. Many growers have cash flow and, thus, were not interested in lowering asking prices during the month. This scenario widened the gap between asking and bidding prices, which hit 6 Reais/bag in late May
Fonte: CEPEA



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