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With higher dollar and lower supply in AR, prices resume rising in BR

Cepea, February 16, 2018 – Dollar rises, lower supply in Argentina and expectations for higher exportations from Brazil pushed up the domestic soybean quotes in the first fortnight of February, which are now at the highest levels in the year. The upward trend of quotes, however, was limited by expectations for a large crop in Brazil, based on the good productivity in the areas being harvested, according to growers consulted by Cepea.

 

According to Conab (National Company for Food Supply), the domestic 2017/18 soybean crop may total 111
Fonte: CEPEA



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