How did soybeans close the week?

The state of Rio Grande do Sul ended the week with timid soybean sales and buyers focused on the long term, according to information from TF Agroconômica. "August payment R$ 139.00 (+0.22%) payment 30/08, September R$ 143.50 payment 30/09, October R$ 145.00 payment 30/10. In the interior, factory prices followed the guidance of each market. R$ 134.00 (+2.29%) Cruz Alta – Payment 30/08 – for exporter, R$ 132.00 (+0.76%) Passo Fundo – Payment end of August, R$ 132.00 Ijuí – Payment 30/08 – for factory R$ 133.00 Santa Rosa / São Luiz – Payment 24/08. Stone prices in Panambi fell to R$ 123.00 per bag for the producer," it comments. Slow commercialization and pressured structure in Santa Catarina. "The slowness in sales is worrying, as the increase in production is pressuring a storage and logistics capacity that is already overburdened with the arrival of the winter crop. At the port of São Francisco, the bag of soybeans is quoted at R$ 137.19 (-1.16%)," it adds. High supply and ...