Cepea, March 16 – Prices of soybean and byproducts are decreasing both in the United States and in Brazil, pressed down by expectations of record global crop and high stocks. However, in Brazil, quotes were limited by the dollar valuation against Real, which increases the revenue of sellers and makes the domestic product more competitive in the international market.
Perspectives of a record crop were confirmed on March 9 due to the release of supply and demand reports of USDA and Conab for this 2016/17 season
Fonte: CEPEA
