Soybeans: Cautious movement in Brazil with divergences between the US and the dollar

The Brazilian soybean market is expected to face a more cautious trading day this Wednesday. While the Chicago Stock Exchange records moderate falls, the dollar shows an upward trend in relation to the real, creating a scenario of uncertainty for farmers and traders. Even so, the national soybean market had good movement at the ports on Tuesday, with firm prices, despite volatility in Chicago futures contracts and a relatively stable exchange rate. Safras Consultoria points out that Brazilian producers are taking advantage of the moment to negotiate larger volumes, keeping the market heated. In Brazil's main producing regions, soybean prices varied little compared to the previous day. In Passo Fundo, in Rio Grande do Sul, a 60-kilo bag remained at R$131.00. In the Missões region, the value of a bag remained at R$ 130.00, without changes. At the Port of Rio Grande, there was a small drop, from R$138.00 to R$137.00 per bag. In Paraná, the scenario also showed stability. In Cascavel, ...