Tridge summary
The soybean market in Rio Grande do Sul is facing pressure on prices and reinforced stocks, according to information from TF Agroeconômica. "Prices reported for payment on 15/10 (delivery Sep/Oct) were R$ 133.50 (-0.74%) per port. In the interior, prices remained firm, depending on the location. R$ 130.00 in Cruz Alta – Payment 30/10. R$ 130.00 in Passo Fundo – Payment 30/10. R$ 130.00 in Santa Rosa / São Luiz – Payment 30/10. Spot prices in Panambi were R$ 119.00 today," it comments.
Original content
The soybean market in Rio Grande do Sul is facing pressure on prices and reinforced stocks, according to information from TF Agroeconômica. "Prices reported for payment on 10/15 (delivery Sep/Oct) were R$ 133.50 (-0.74%) per port. In the interior, prices remained firm, depending on the location. R$ 130.00 Cruz Alta – Payment 10/30. R$ 130.00 Passo Fundo – Payment 10/30. R$ 130.00 Santa Rosa / São Luiz – Payment 10/30. Prices in Panambi were R$ 119.00 today," it comments. The absence of indicators and external dependence mark Santa Catarina. "In this context, producers and traders in Santa Catarina continue to follow external movements, especially the soybean quotes in Chicago, which registered negative variations throughout the day, and the prices formed in the southern ports, such as Paranaguá, which function as a thermometer for the definition of regional business. In the port of São Francisco, the sack of soybean is quoted at R$ 135.57," it adds. Adjusted harvest and retreating ...
Source: Agrolink
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