Check out the soybean prices last Friday of October

The Brazilian soybean market showed more enthusiasm this Friday (31), with business registrations in different parts of the country. According to Safras & Mercado analyst Rafael Silveira, there were reports of business coming out of Rio Grande do Sul, Paraná, and some firm offers in Goiás, with prices generally stable to higher. According to him, soybeans rose on the Chicago Board of Trade, premiums changed little, and the dollar remained virtually stable, which brought opportunities throughout the day. The analyst also highlighted occasional movements both at the ports and in the internal market. Regarding the progress of the crop, Silveira notes that planting is proceeding at a good pace in the Midwest and Southeast, but in the Northeast, especially in the Matopiba region, there are delays due to lack of rain. He explains that the situation raises concerns about replanting, because we are behind compared to 2024 and the historical average. The analyst stresses that November will ...