Soy Shows Reaction After Losses in Previous Weeks

Researchers from the Center for Advanced Studies in Applied Economics (Cepea) indicate that the Brazilian soybean market appears to be seeking better direction, given recent news about harvests in South America, cultivation pace in the United States, and the trade war between the North American country and China. In light of this, soybean values oscillated last week within a small range. However, overall, they showed a reaction after losses recorded in previous weeks. According to Cepea researchers, in the national spot market, while buyers continue trying to acquire new lots at lower prices, producers remain distant, waiting for new reactions. In the external market, soybean prices are ...