Soybeans advance cautiously

Rio Grande do Sul is advancing cautiously, with soybean planting resuming its pace, according to information from TF Agroeconômica. "For payment in November, with delivery in December, prices at the port were reported at R$ 140.00/sc weekly, while in the interior the references were around R$ 132.00/sc (+0.49%) weekly in Cruz Alta, Passo Fundo, Santa Rosa, and São Luiz. In Panambi, the physical market presented maintenance, with the stone price falling to R$ 121.00/sc, signaling greater local resistance to the buying pace," it comments. Santa Catarina is facing a start of the season marked by severe contrasts, creating a combination of agronomic uncertainty and commercial caution among producers. "In the physical market, the port reference maintained again, repeating the common scenario of little volatility from SC. At the port of São Francisco, the bag of soybeans is quoted at R$ 140.53," it adds. Paraná sustains one of the most solid agronomic scenarios in the country. "In ...