Soy/Cepea: Reduced supply supports prices in BR

With the end of the soybean void in several producing states, attention is turning to the cultivation of the oilseed. According to Cepea employees, if the climate remains favorable, with sufficient soil moisture, work should begin to gain momentum.

The supply of soybeans on the domestic market, in turn, is still considered restricted. Low availability and the appreciation of the dollar against the Real have supported grain prices in recent days. Between September 9th and 16th, the weighted average of soybeans in Paraná, reflected in the CEPEA/ESALQ Indicator, fell slightly by 0.18%, practically stable, at R$ 77.12/60 kg bag on Friday, 16th.

 

Source: Cepea

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