EN 
PT_BR The values of soybean complex futures contracts traded on the CME Group (Chicago Stock Exchange) have been falling in recent weeks, especially those for grain and bran.
Cepea researchers explain that, in addition to the advance of the harvest in Brazil (the world's leading producer and largest exporter of soybeans) and the high stocks in the United States, the import tariffs imposed by the US government last week and the resulting retaliations should reinforce the downward movement in the coming days.
In the case of agricultural products, an analysis by the Research Center indicates that tariffs of this nature certainly make purchases in the United States unfeasible and lead external demanders, such as China, to seek new suppliers.
In this environment, soybean prices also fell in the national spot market, but, according to Cepea surveys, the downward movement was limited by the increase in export premiums in the country, which, in turn, rose due to greater international demand for Brazilian grain.
