Check out how soybeans closed the week

In the Rio Grande do Sul soybean market, trading is slow with a larger spread between selling and buying prices, leading producers to retain part of the production in storage facilities, according to TF Agroeconômica. "For payment in December, with delivery in December, prices at the port were reported at R$ 144.00/sc weekly, while in the interior the references were around R$ 133.64/sc weekly in Cruz Alta, except for Santa Rosa at R$ 140.00 and Passo Fundo at R$ 139.00," it comments. In Santa Catarina, the market is active with trading reflecting dynamics influenced by both international factors and local supply and demand. "The expectation of higher production in this crop suggests high demand for storage spaces, a critical element for managing the outflow in a state that operates as a net importer due to the voraciousness of the meat agribusiness. At the port of São Francisco, the bag of soybean is quoted at R$ 142.94 (+0.79%)," it completes. Meanwhile, the proximity of the ...