Cepea, September 3 2019 – Soybean prices increased sharply in Brazil in August, due to the US dollar appreciation against Real, the low soybean surplus in Brazil and expectations for higher demand from both the domestic and the international markets. In that scenario, the average prices reached the highest levels in the year, in real terms (IGP-DI from July/19).
Brazilian soybean growers left the spot market, expecting new price rises
Fonte: CEPEA