Soybean planting advances and shakes up the market

In Rio Grande do Sul, soybean planting advances with 60% of the area of 6,742,236 hectares already planted, according to TF Agroeconômica. "For payment in November, with delivery in December, the prices at the port were reported at R$ 140.00/sc per week, while in the interior the references were around R$ 132.00/sc per week in Cruz Alta, Passo Fundo, Santa Rosa, and São Luiz. In Panambi, the physical market presented maintenance, with the stone price falling to R$ 121.00/sc, signaling greater local resistance to the buying pace," comments TF Agroeconômica. Santa Catarina advances in planting under strong rainfall irregularity, especially in the North Plateau. "The prices maintained stability at the port and discreet variation in the interior, indicating a market without a clear direction on a holiday day. At the port of São Francisco, the bag of soybeans is quoted at R$ 140.53," completes the consultancy. Paraná sustains one of the most solid agronomic scenarios in the country, ...