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Average prices in April are the highest since Sept/18, in real terms

Cepea, May 5, 2020 – Soybean prices increased sharply in the Brazilian market in April, hitting records at ports. This scenario is linked to the fact that growers have already marketed large amounts of the 2019/20 crop and, now, do not seem interested in trading large volumes in the short and mid-terms – many of these agents tend to store the remaining beans of the season to sell in the coming months. Besides, the sharp dollar appreciation against Real in April (by 4
Fonte: CEPEA



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