Soybeans are going through a delicate phase in Brazil

Rio Grande do Sul is going through a delicate transition phase in soybean production, marked by the need for financial reorganization and productive planning, according to information from TF Agroeconômica. "For payment on 15/10, with delivery in October, the prices at the port were reported at R$ 142.00/sc (+1.43%) weekly, while in the interior the references were around R$ 132.00/sc (+0.76%) weekly in Cruz Alta, Passo Fundo, Santa Rosa, and São Luiz, all with settlement expected for 30/10," it comments. Santa Catarina registers one of the smallest advances in sowing in the Southern Region. "The commercialization continues at a moderate pace, limited to punctual fixations and the settlement of previous contracts, while the market cautiously observes the climatic behavior. In the regional closing, the prices remained stable, reflecting a balance between reduced supply and demand adjusted to the slow start of operations. At the port of São Francisco, the sack of soybeans is quoted ...