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High demand from abroad boosts soybean prices in BR

Cepea, March 17, 2022 – The prices for soybean and its by-products increased in the Brazilian market in the first fortnight of March, influenced by firm demand in Brazil and the significant higher demand from abroad. This scenario increased the dispute between national processors and international consumers, boosting prices to record levels in the Brazilian spot market. Valuations are also linked to lower supply in South America and the consequent reduction in the world stock/consumption ratio, which is currently the lowest since 2013/14, according to the USDA
Fonte: CEPEA



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