Cepea, April 1st, 2021 – Soybean prices increased in the Brazilian market in March, reflecting valuations abroad, the dollar appreciation against Real and farmers’ lack of interest in new sales. It is worth to mention that more than 50% of the 2020/21 crop has been sold, and farmers are opting for harvesting and stocking the beans, expecting to receive higher prices in the coming months.
Sellers are based on the higher export premiums from June onwards compared to remuneration in the domestic spot market
Fonte: CEPEA
