Soy/Cepea: Values fall and liquidity is low in BR

 

Soja/Cepea: Valores caem e liquidez é baixa no BR

Soybean sellers increased their interest in negotiating part of the 2016/17 Brazilian harvest last week, motivated by the appreciation of the dollar against the Real. The pace of completions, however, remains slow compared to previous seasons, due to lower price levels. According to Cepea employees, some sellers remain withdrawn, betting on higher prices throughout the 2016/17 harvest, due to the low volume of rain in areas of Mato Grosso do Sul, a possible drought in the South region in the coming weeks and the unfavorable climate to soybean cultivation in Argentina.

 

Thus, between November 11th and 18th, the ESALQ/BM&FBovespa Paranaguá soybean indicator, referring to the grain deposited in the export corridor and traded in spot mode (ready delivery), in the port of Paranaguá (PR), fell 1%, closing at R$ 78.09/60 kg bag on Friday, the 18th. The weighted average of soybeans in Paraná, reflected in the CEPEA/ESALQ Indicator, was R$ 74.05/60 kg bag on Friday, a decrease of 2.8% in the period . 

 

Source: Cepea/Esalq

Facebook
twitter
LinkedIn

Aboissa supports

Stay up to date with news
and the best opportunities in
agribusiness – sign up now!

Asia

Saudi Arabia

Bangladesh

China

singapore

South Korea

United Arab Emirates

Philippines

India

Indonesia

Iraq

Jordan

Lebanon

Malaysia

Oman

qatar

Türkiye

Vietnam

Hong Kong

America

Argentina

Bolivia

Brazil

Canada

Chile

Colombia

Ecuador

U.S

Guatemala

british virgin islands

Mexico

Nicaragua

Panama

Paraguay

Peru

Uruguay

Suriname

Venezuela

Dominican Republic

Costa Rica

Africa

South Africa

Algeria

Cameroon

Costa do Marfim

Egypt

Liberia

Morocco

Sierra Leone

Sudan

Kenya

Tunisia

Mauricio Islands

Europe

Albania

Germany

Belgium

Bulgaria

Spain

Finland

France

England

Italy

Lithuania

Poland

Portugal

Russia

Türkiye

Serbia

Sweden

Switzerland

Ukraine

Cyprus

Estonia

Ireland

Romania

Oceania

Australia

New Zealand

Request a quote!

Fill out the form and get support for your business needs.
Our experts are ready to offer customized solutions.

*We are currently not working with intermediaries.

By providing my data, I agree with the Privacy Policy.