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Lower supply in South America concerns agents and boosts prices

Cepea, February 16, 2022 – Amid bad weather conditions in South America, a failure in the Brazilian soybean crop has been confirmed, concerning agents in several links in the productive chain. On the one hand, farmers (majorly in southern Brazil) tend to face difficulties, due to the lack of soybean to sell – in some cases, farmers’ situation may be relieved by insurance. On the other hand, with soybean prices on the rise, by-products tend to be valued too, boosting production costs in livestock farming
Fonte: CEPEA



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