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In the case of soybeans, prices rose in the domestic market despite a slowdown in the external market
Corn prices closed in June with a drop of 19%, according to the Center de études Advanced in Applied Economics (Cepea), from Esalq / USP. According to badysts, the indicator ESALQ / BM & FBovespa (Campinas – SP) recorded a drop of 18.73%, closing at R $ 36.97 / sc of 60 kg Friday (29). In the case of soybeans, prices rose in the domestic market despite a slowdown in the external market
Between June 22nd and 29th, the decline in corn prices was 2.43%. The badessment of experts is that the proximity of second crop corn intake has alienated buyers, who are waiting for better opportunities to do business.
As for the seller, some agents indicate the need to free space in warehouses. However, uncertainty about minimum commodity prices continues to limit new business.
Soybeans
Even with continued international losses, the appreciation of the dollar, the increase in the premium of According to Cepea badysts, exports and declining domestic availability have boost soybean prices during the last week of June in Brazil. Between June 22nd and 29th, the indicator ESALQ / BM & FBovespa for Paranaguá soy (PR) rose 2.17% to R $ 86.54 / bag 60 kg on Friday (29). In the same comparison, the CEPEA / ESALQ Paraná indicator increased by 2.76% to 80.41 reais / sc of 60 kg.
With regard to the marketing of the 2017/18 harvest, the Deral / Seab indicate that 61% of the Paraná season has already been negotiated, against 44% a year ago. In Mato Grosso, Imea shows that 85.6% of the crop was sold until the beginning of the month, up from 78.46% in the same period last year.
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