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Negotiations on soybeans are slow on the domestic market. Declining export premiums and low interest from international buyers have lowered domestic prices.
According to the Center for Advanced Studies in Applied Economics (Cepea), sellers who have soy to market in the cash market indicated that they preferred to sell in Brazil, given the high prices of freight to the ports.
On the other hand, domestic buyers are supplied and do not intend to resume purchasing until 2019, pending a decrease in prices before the entry of the new crop in Brazil.
Thus, the Esalq / BM & FBovespa indicator for Paranaguá soybeans (PR) recorded a 1.7% decline between December 7 and 14, reaching R $ 80.70 per bag on Friday. 14.
Productivity of soybeans should be lower than forecast in the PR and Member States
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