The Brazilian soybean market closed last week with more than 2.5 million tons traded as a result of price improvement, mostly at ports. Quotes reached their highest levels, according to market analyst Vlamir Brandalizze, and the producer was alert and took advantage of these moments, which happened despite pressure and volatility for futures on the Chicago Stock Exchange. “The producer has capitalized on these highs and is closing out a very good week,” he says. “Levels are holding up well this weekend, with the best quotes in several weeks.”
Source: Noticias Agricolas (*Translated by Ia Niani)