Cepea, June 5, 2018 – Firm international demand and dollar rises against Real had been pushing up quotes for soybean and by-products in Brazil since early 2018. This scenario prevents processors from working with high soybean inventories, encouraging only purchases for immediate consumption – processors expected lower price levels, based on forecasts for a record 2017/18 crop.
With lower amounts supplied by processors, poultry and pig farmers were working with low inventories too
Fonte: CEPEA
