Home RECENTES Byproducts prices drop sharply and processors? profit margins are negative

Byproducts prices drop sharply and processors? profit margins are negative

Redaçãonov 05, 2018RECENTES0

Cepea, November 5 2018 – The price drops (FOB) for soybean meal and oil were sharper than for soybean at Paranaguá port (PR) in October, lowering processors’ profit margins. In this scenario, and with the US dollar devaluation, processors’ interest in purchasing soybean decreased. Price drops were also linked to the decreases in the Brazilian premiums, which were pressed down by expectations for a large 2018/19 crop
Fonte: CEPEA