The information released by TF Agroeconomic indicates that there was a repetition of prices for the soy in the state of Rio Grande do Sul. “Market falling on the Chicago Stock Exchange, but premiums correcting. Result? prices the same as yesterday. Increases in the margins of crushing plants begin to bring them to the forefront of business. Buyers at the port will continue with their demands in October, and something in November, but this will not prevent a sudden drop in shipments”, he comments.
“At the port, the best price of the day, when the dollar was high, was R$ 151.20, falling to R$ 0.30/bag for November 17th. Inland, in Cruz Alta the price was R$ 143.20, falling at R$ 0.30/bag.
Prices drop to R$ 2.00/bag in Santa Catarina, which has business at a standstill. “Prices drop due to a negative day for the market in the port of Santa Catarina, prices continue not to attract the attention of producers and there is no word on deals being made, the focus remains on the field. In the port of São Francisco do Sul, the price was R$ 144.00 with a drop of R$ 2.00/bag”, he indicates.
Day of few movements in Paraná, while Paranaguá and Maringá fall. “Business continues in its usual apathy, without changing its perspective. Today the port marked a significant drop and as a result the producer did not even want to look at the market, there was no knowledge of volumes other than maintenance being shipped. Furthermore, it is concluded that there is still a lot of work to be done in the field, leaving the market in the background, being drowned by the physical difficulties faced at the moment.
Source: Leonardo Gottems | agrolink
