Day of declines for soybean in the South of Brazil

Updated Jun 7, 2023
The soy market in the state of Rio Grande do Sul had a day of declines of up to R$ 1.00/bag, with good deals carried out, according to information released by TF Agroeconomia. “Mixed day, both for FX and CBOT, stable premiums. As a result, the market has not undergone changes, with few sales”, he comments.
“In the port, the indication of price for payment in May is R$ 140.00 on wheels at the best time, marking maintenance. Inland in Cruz Alta, the price underwent maintenance, remaining at R$ 133.50. In Ijuí the value was R$ 133.00, also without moving. In Santa Rosa, as well as in São Luiz, the price went through low maintenance, remaining at R$ 130.00”, he comments. Maintenance day in Santa Catarina, week opens without changes. “The market does not move, prices even start at R$ 1.00/bag above what we saw at the close, but without being able to maintain it, causing sales not to occur. At this point, with the USDA approaching, there is no reason to be in a hurry. In the port of São Francisco do Sul, the price was R$ 138.00 for April with immediate delivery, marking maintenance”, he indicates. Few movements in Paraná. “Another day at a standstill in the market in Paraná, prices have appreciated punctually in Paranaguá and Ponta Grossa, with a constant flow of ...
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