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Consulting firm reports rising soybean prices in several markets.

The market of soy Prices rose in different regions of the country this Thursday, August 20th, although the pace of business remained cautious in some markets. According to a survey by TF Agroeconômica, Rio Grande do Sul completed its third consecutive day of price increases, with slow and sporadic transactions and significant differences between references from cooperatives, the commercial market, and the port.

In the interior of Rio Grande do Sul, Ijuí reached R$144.00 per sack, Cruz Alta and Santa Rosa R$147.00, and Passo Fundo R$145.00, while the port of Rio Grande marked R$153.00. The analysis indicates that producers remain attentive to climate risk, tight margins, and volatility, which helps explain the low willingness to engage in more aggressive sales.

In Santa Catarina, Palma Sola advanced 1.51%, to R$ 134.50, while Rio do Sul remained at R$ 133.00 and São Francisco do Sul at R$ 153.00. In Paraná, the price increase was more widespread. Cascavel reached R$ 144.00, Maringá R$ 146.00, Ponta Grossa R$ 148.23, Pato Branco R$ 145.19 and Paranaguá R$ 154.63. The producers' reluctance to increase sales also appears to be linked to climate concerns and the expectation of better prices.

In Mato Grosso do Sul, the market remained mostly stable, with Dourados and Maracaju at R$ 142.50 and Campo Grande, Chapadão do Sul, and Sidrolândia at R$ 141.00. In Mato Grosso, however, the monitored markets maintained gains for the third consecutive day, with prices ranging from R$ 136.50 in Sorriso to R$ 141.50 in Rondonópolis. The difference of more than R$ 15.00 per sack between regions reinforces the weight of logistics, freight, and margin in price formation.

 

THE MM Cereais works with the best grains on the market and also keeps you up to date with the latest news and analyses on agribusiness.
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