X
XLinkedinWhatsAppTelegramTelegram
0
Read this article in:

Brazil anticipates record soybean production

The yield and quality of the 2022/23 crop are excellent in most parts of the country.

12 April 2023
X
XLinkedinWhatsAppTelegramTelegram
0

Given the lower volume of rain from the second half of March on, the soybean harvest intensified in Brazil (74.5% of the area had been harvested by the end of the month, according to Conab), with harvest in the final stretch in Mato Grosso, the country's leading soybean producer.

Marketing experts consulted by Cepea indicate that yields and quality of the 2022/23 harvest are excellent in most of the country, strengthening the estimated record production. This scenario has put pressure on premiums and, consequently, soybean prices in Brazil.

The indicator ESALQ / BM&FBovespa - Paranaguá (PR) averaged R$ 162.12 per 60-kg bag in March, down 6.1% between February and March and down a significant 18.1% compared to the same period last year. The average in the last month was also the lowest since June 2020, in real terms. Negotiations for shipments at the port of Paranaguá (PR) were limited by frequent interdictions in the main access road to the port, due to landslides and cracks in the roads. This scenario directed soybean shipments to other ports, such as Santos (SP) and São Francisco (SC).

April 6, 2023/ CEPEA/ Brazil.
https://www.cepea.esalq.usp.br

Article Comments

This area is not intended to be a place to consult authors about their articles, but rather a place for open discussion among pig333.com users.
Leave a new Comment

Access restricted to 333 users. In order to post a comment you must be logged in.

You are not subscribed to this list Swine News

Swine industry news in your email

Log in and sign up on the list

Related products in the shop

The shop specialized in the pig sector
Advice and technical service
More than 120 brands and manufacturers