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Sales are anticipated, and prices set records in Brazil

Cepea, January 4, 2021 – As a high amount of the 2019/20 crop was traded in advance (in 2019), Brazilian soybean farmers began 2020 unwilling to sell large volumes of soybean, focused on the accomplishment of contracts. The harvesting delay also brought uncertainties about the volume to be produced, which, in the end, set a record, totaling 124.8 million tons, according to Conab (Brazil’s National Company for Food Supply)
Fonte: CEPEA



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