Tridge summary
Soybean prices in the Brazilian market are experiencing a decline due to supply exceeding demand. Soybean sales have slowed down, leading to an increase in availability, and buyers are being cautious about purchasing new batches of soy. The devaluation of oil and bran derived from soybeans has been less severe than that of the raw material, leading to an improvement in the margin for industries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Soybean prices continue to fall in the Brazilian market. Pressure came from supply over demand. The pace of soybean sales has been reduced in recent months, and now producers need to stock up and/or free up space in warehouses, increasing availability in the national spot. Access soybean prices here. According to data from Cepea's newsletter, on the buyer's side, applicants are cautious in purchasing new batches of soy. As for derivatives, the devaluations of oil and bran have been less intense in relation to those verified for the raw ...
Source: Agrolink
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.