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Data Analysis

Soybean Prices in Brazil Dropped as Production Improves

Soybean
Legumes
Soybean
Brazil
Price Trend

Summary

Soybean price in Brazil fell by -26.87% WoW and -13.21% YoY to USD 0.49/kg in W5 May-22. It is estimated that Brazilian soybean production in MY 2022/23 surged by +19.2% YoY to 149 million mt. That reason led to the lower price of soybean in Brazil in late-May 2022.
Jun 3, 2022
By Putri Aisyah
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