Soybean trade hits record in Brazil in 2017/18

Sales of Brazilian soybeans for the 2017/18 harvest reached 99% of production expected until the last day of January 18. The percentage is above the 94% recorded in the same period of the previous harvest and is also higher than the previous record of 98% observed in 2013 and 2015, highlight data from the DATAGRO Consulting.

“In addition to the supply being brought to an end, the expected fall in prices occurred in general, keeping producers’ sales interest loose,” says DATAGRO grain analyst Flávio Roberto de França Jr.


Read full article

Share This

Chamber Updates Stay connected with Chamber activities