The Brazilian soybean complex market ended last week under downward pressure, with declines in the prices of grain, meal, and oil in the domestic market. According to data released by the Center for Advanced Studies in Applied Economics (Cepea), the combination of a higher volume of available product and the appreciation of the real against the dollar weakened the competitive position of national exports, pulling quotations down over the past few days. In the external scenario, the behavior was distinct for each soybean derivative. Heated international demand ensured support for the quotations of meal and soybean grain in global markets. Oil, however, was the only component of the complex to record devaluation abroad, a direct reflection of the drop in oil prices, which usually influences the behavior of vegetable oils traded on the exchange. In the field of exports, the month of March brought impressive numbers for soybean grain. According to data from the Foreign Trade ...
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