Brazilian Soybean Meal and Oil Prices Decrease, Mirroring A Stronger Real

Soybean Meal

Brazil

Published May 31, 2022

Domestic prices of soybean meal and oil are decreasing as the Brazilian Real reclaims some of its value. This makes Brazilian soybean meal more expensive on the international market, pushing domestic prices down. The Real increased by 8% WoW as of May 30th, whereas the domestic soybean meal price dropped by 6% and the soybean oil price dropped by 4% over the same period.

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