Soybeans continue in a state of waiting.

The soybean market in Rio Grande do Sul is in a state of waiting, with no major updates on quotations, according to information from TF Agroeconômica. “For payment on 15/10, with delivery in October, the prices at the port were reported at R$ 136.20/sc, while in the interior the references remained around R$ 131.00/sc in Cruz Alta, Passo Fundo, Santa Rosa, and São Luiz, all with settlement scheduled for 30/10. Already in Panambi, the physical market showed a more pronounced drop, with the stone price retreating to R$ 120.00/sc, signaling greater local resistance to the buying pace,” it comments. Santa Catarina maintains focus on planning the crop amid the logistical intercrop period. “The soybean market in Santa Catarina continues without the release of daily commercialization data. Thus, the state is going through a period of lower operational activity, awaiting the ideal climatic conditions. At the port of São Francisco, the bag of soybeans is quoted at R$ 136.24,” it adds. ...