Soybean prices 'up and down'; check out the prices in Brazil

Published Mar 20, 2025

Tridge summary

Brazilian soybean prices showed mixed movements due to volatility in the Chicago Stock Exchange, a slightly increasing dollar, and firm premiums. The spread between buyers and sellers widened, with buyers offering R$132/133 and sellers asking for R$137/138 at the port. The market is currently awaiting the US planting intention report. In 2025, China's soybean imports from the US surged by 84.1% to 9.13 million tons in the first two months, while Brazil's imports dropped by 48.4% to 3.59 million tons due to planting delays. US net soybean exports for the 2024/25 season totaled 352,600 tons, with China as the main importer.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Soybean prices in Brazil fluctuated in a mixed manner this Thursday (20). The Chicago Stock Exchange showed volatility throughout the day, while the dollar rose slightly and premiums remained firm. According to the consulting firm Safras & Mercado, another highlight was the widening of the spread between buyer and seller in some markets. At the port, buyers tried R$132/133, while sellers sought R$137/138. The day was calm, with no major trading activity. Soybean futures contracts traded on the Chicago Mercantile Exchange (CBOT) closed Thursday with mixed prices. On a volatile day and after four consecutive sessions of losses, the market attempted a technical recovery, but the movement did not find strength. The uncertainty regarding the Trump administration's tariffs, the weak result of weekly exports and the ample supply from South America limited the reaction. Agents continue to position their portfolios, awaiting the US planting intention report, which will be released on ...

Source: CanalRural