Soybean market without much movement

The soybean market in Rio Grande do Sul is operating at a standstill, with decapitalized producers traumatized by recent losses adopting a defensive stance, avoiding futures sales that could turn into contracts impossible to fulfill if the drought worsens. The information is from TF Agroeconômica. "For payment in December, with delivery in December, prices at the port were reported at R$ 142.00/sc (+0.71%) weekly, while in the interior the references were around R$ 133.02/sc (+0.51%) weekly in Cruz Alta, except for Santa Rosa at R$ 136.00. Already in Panambi, the physical market presented maintenance, with the stone price retreating to R$ 122.00/sc, signaling greater local resistance to the buying pace," it comments. In Santa Catarina, the dependency on imports from Paraná and Paraguay intensifies to keep the agribusiness plants operating at full capacity. "The logistics of receiving and distributing via cooperatives and tradings becomes a central element in the management of the ...