Check out how soybeans started the week

Rio Grande do Sul continues as one of the pillars of Brazilian soybean exports, with 56% of the volume destined for China in 2024, totaling US$ 6.33 billion, according to information from TF Agroeconômica. "For payment on 10/15, with delivery in October, prices at the port were reported at R$ 135.00/sc, while in the interior the references remained around R$ 130.00/sc in Cruz Alta, Passo Fundo, Santa Rosa, and São Luiz, all with settlement scheduled for 10/30. Already in Panambi, the physical market showed a more pronounced drop, with the stone price falling to R$ 120.00/sc, signaling greater local resistance to the buying pace," comments. Santa Catarina maintains firm prices with support from domestic demand. "Unlike states mostly focused on export, Santa Catarina balances its market with robust internal consumption, which reduces exposure to external fluctuations. At the port of São Francisco, the bag of soybeans is quoted at R$ 137.19 (+0.34%)", the consultancy adds. Paraná, on ...