Check out how soybeans started the week

Rio Grande do Sul is experiencing climatic tension opposite to that of previous drought seasons, which ends up affecting the soybean market, according to information from TF Agroeconomic. “For payment in December, with delivery in December, the prices at the port were reported at R$ 142.00/sc (+0.71%) weekly, while in the interior the references were around R$ 133.64/sc (+0.47%) weekly in Cruz Alta, except for Santa Rosa at R$ 136.00. Already in Panambi, the physical market presented maintenance, with the stone price falling to R$ 122.00/sc, signaling greater local resistance to the buying pace,” it comments. Santa Catarina operates as a net importing micromarket due to the gigantic demand of its meat agribusiness. “The storage in the state primarily meets the need for continuous supply of agribusiness plants, with silos functioning as distribution centers for feed factories that cannot interrupt production. At the port of São Francisco, the bag of soybeans is quoted at R$ 142.94 ...