Brazil: Great deals for soybean in the Midwest

Updated Jun 5, 2023
The soybean market in the state of Mato Grosso do Sul ended the last week with increases of R$ 2.00/bag in prices and good deals carried out at the port, according to TF Agroeconomia. “With the market incurring new highs, the producer saw the opportunity to do more business, especially in the port and good volumes were sold”, he comments. “In addition to small shipments throughout the state, another 30,000 tons were confirmed by the port, making this week's situation very positive in terms of business, although prices have not really moved. All prices increased by R$ 2.00/bag - in Dourados, prices were quoted at R$ 122.00, in Maracaju at R$ 121.00, in Sidrolândia at R$ 120.00, in Campo Grande at R$ 122.00 and in Chapadão do Sul at R$ 119.00”, he adds. Day of positivity also in neighboring Mato Grosso, ending a week of great business. “MT is, at this point, indisputably the largest soy producing State, in this situation, it is necessary to maintain a flow as expressive as expected ...
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