Cepea, November 18, 2021 – Soybean sowing is in full swing in Brazil, having reached, until early November, more than 2/3 of the national area allocated to the product. The weather has been favorable to crops, raising expectations for higher productivity.
In this scenario, in the first fortnight of November, sellers were more willing to trade the remaining of the 2020/21 season, aiming to make room in warehouses to receive the new crop, whose harvesting activities are expected to begin from late December/early 2022
Fonte: CEPEA
