The Center for Advanced Studies in Applied Economics (Cepea) reports that Brazil’s 2024-25 soybean harvest is in its final stages, significantly boosting domestic supplies and stimulating market activity. Researchers note that while prices have maintained strength, reduced export premiums and exchange rate volatility have somewhat constrained trading volume. Regarding prices, the market remains firm. The 2024-25 harvest is nearing completion. As of April 12, 88.3% of the nation’s soybean acreage had been harvested, surpassing both last year’s 83.2% and the average of 87.4% over the past five years, according to data from Conab.
Source: Estadão