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Low supply boosts quotes in Brazil

Cepea, October 2 2018 – Soybean prices rose in the Brazilian market in September, boosted by lower supply. Cepea collaborators reported that many farmers did not have the product left for trading anymore, and the few farmers with soybean available for trading were neither in need of cash nor interested in trading. Farmers’ retraction was also linked to the beginning of sowing in Brazil, when speculations regarding the weather may lead to good trades
Fonte: CEPEA



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