Soybean prices firm in Brazil

Updated Nov 20, 2023
According to Cepea experts, soybean oil prices also experienced a significant increase in the last week, returning to the levels observed in April this year. This boost is attributed to growing demand from the national industry and expectations of an increase in exports of this by-product to India, which is currently the largest global importer of soybean oil and seeks to intensify commercial transactions with Brazil. The concern about crop productivity is highlighted by experts, who warn of the possible impacts of irregular rains, especially in the ...
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