Soybean prices rose in Brazil on the first trading day of the year. On Friday, January 2nd, the Cepea/Esalq indicator at Paranaguá port reached BRL 142.14, up 0.80% from December 30th. According to Luiz Pacheco of T&F Agroeconomic Consulting, prices are expected to remain firm, though they may be capped by the start of harvesting in what is projected to be another record Brazilian crop for the 2025-26 cycle. In contrast, soybeans on the Chicago Board of Trade fell for the fifth consecutive session in 2026’s first trading day. March contracts dropped 0.17% to USD 10.4575 per bushel, continuing the downward trend seen at the end of last year.
Source: Globo Rural (*Translated by Ia Niani)