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Quotes increase, but the pace of trades is slow in BR

Cepea, October 17, 2017 – Prices of soybean and its by-products increased in Brazil in the first fortnight of October. The rises are linked to irregular rains in Brazil (which concerned regarding sowing advances), recent rains in the United States (which interrupted harvesting), firm global demand and the retraction of Brazilian  and international growers from trading large batches, due to uncertainties regarding the crop size and price behavior in the coming months.

 

The ESALQ/BM&FBovespa soybean Index at Paranaguá averaged 71
Fonte: CEPEA



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