Cepea, February 19, 2021 – Lower rainfall in the major soybean-producing regions in Brazil allowed the harvesting of the 2020/21crop to advance in the second fortnight of February. This scenario added to international devaluations and the dollar depreciation pressed down quotes for soybean and its by-products in the Brazilian market. On the other hand, for the mid and long terms, the export parity in Brazil and international futures point to firm soybean prices, which is linked to the fast decrease in the American inventories of the product
Fonte: CEPEA
Prices drop in the Brazilian spot market, but continue firm for the coming months
Redaçãofev 18, 2021
Anterior:Crop failure of more than 30% in the 2020/21 season is confirmed
Próxima:Demand decreases, but low supply underpins prices in Brazil in the first half of February
Redação
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