EN 
PT_BR 
The prices of co-products of soy The prices in Mato Grosso showed distinct movements last week, ending August 28. According to an analysis by the Mato Grosso Institute of Agricultural Economics (Imea), soybean oil fell 4.17% on the Chicago Stock Exchange, while soybean meal rose 3.79%, amid uncertainties about the demand for biofuels, the global supply of oilseeds, and the flow of exports through the Black Sea.
Last week, soybean oil closed the period with an average of ¢US$ 67.33 per pound, a decrease of 4.17% compared to the previous week. According to data released by Imea, the movement was related to uncertainties about the exemptions granted to small refineries in the United States. The possibility of a high volume of exemptions generated concerns about a potential reduction in demand for biofuels, putting pressure on soybean oil prices. In the opposite direction, soybean meal showed an increase of 3.79% compared to the previous week.
According to Imea, the increase reflected uncertainties related to the global supply of oilseeds, given the conditions of North American crops. The prospect of impacts on export flows through the Black Sea, amid tensions between Russia and Ukraine, also contributed to the scenario of rising prices for soybean meal.
In Mato Grosso, the prices of co-products followed the fluctuations observed on the Chicago Stock Exchange. According to data released by Imea, soybean oil ended the week quoted, on average, at R$ 6,121.78 per ton, a decrease of 0.26% compared to the previous week. Soybean meal, on the other hand, was traded at R$ 1,795.68 per ton, an increase of 4.02% in the weekly comparison.
Performance data shows different behaviors between the two main soybean co-products, with oil pressured by uncertainties about biofuel demand and meal supported by concerns about the global supply of oilseeds and export flows.
