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Prices oscillate in the first half of June, but end the period on the rise in Brazil

Cepea, June 17, 2020 – The end of the soybean harvesting in Argentina, high inventories and favorable weather in the United States and the dollar depreciation against Real pressed quotes down in Brazil in the first fortnight of June. However, the downward trend of prices was limited by both low inventories at Brazilian processors and the fact that soybean growers were refrained from trading large batches. It is important to mention that most of the 2019/20 and the 2020/21 crops have already been traded
Fonte: CEPEA



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