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Exports premium decreases and prices drop; sellers retract

Cepea, November 21 2018 – The soybean exports premiums decreased sharply in the first fortnight of November, due to the possible weakening of the commercial dispute between the United States and China – the presidents of both countries should meet in Argentina late in the month. This scenario and the US dollar at lower levels pressed down quotes for soybean and its byproducts in Brazil.

 

Considering the anticipated trades this season have been earlier than in the two past years, sellers retracted from the market, even from the spot
Fonte: CEPEA



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