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Sales of by-products warm up; trades of the 17/18 soybean crop start

Cepea, June 1st – The firm demand for soymeal and soy oil, dollar at levels considered attractive to Brazilian sellers, and the harvesting delay of soybean in Argentina encouraged new trades involving by-products in Brazil in late May. Soybean trades, however, were weak in the spot market in the period, but some growers were starting to show interest in trading the 2017/18 crop. The nearness to increase purchases of inputs for the next crop has favored to close term contracts
Fonte: CEPEA



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