SOYA PRICES RISE TO R$ 1.50 PER BAG IN BRAZIL

Strong market speculation triggered a turnaround on the Chicago Stock Exchange on Wednesday, the 13th. Soybean prices in the negative field, in minutes, appreciated by more than 2%. The reason was the spreading of heavy rains in the agricultural areas of the United States, which could affect soybean sowing. In Brazil, prices followed the rise and rose to R $ 1.50 per bag. In Passo Fundo (RS), the 60 kg bag rose from R $ 77.50 to R $ 78. In the Missions region, the price increased from R $ 76.50 to R $ 77 a bag. In the port of Rio Grande, the price went from R $ 81.50 to R $ 82. In Cascavel, Paraná, the price rose from R $ 75 to R $ 76.50. In the port of Paranaguá (PR), the bag went from R $ 81 to R $ 82,50. In Rondonópolis (MT), the bag increased from R $ 69.00 to R $ 70. In Dourados (MS), the quotation rose from R $ 70.50 to R $ 72. In Rio Verde (GO), the bag rose from R $ 69 to R $ 70.

Source: Canal Rural