The price of soya, measured by the Esalq / BM & FBovespa indicator in the Port of Paranaguá (PR), accumulated a 9.7% increase in May. According to the Center for Advanced Studies in Applied Economics (Cepea), grain prices went from R $ 73.94 per bag in the first month and was R $ 81.13, rising from R $ 7.19 to now. In Paraná, the increase was R $ 1.17, or 6%. The value of the oilseed went from R $ 17.52 to R $ 18.69 in the same period. Cepea indicates that this increase was also linked to the appreciation of the raw material and the retraction of the Brazilian soyabean farmers in the commercialization involving large lots. In addition, fears about a possible change in the minimum freight rate have left fearsome traders in the forward contract negotiations.
Source: Canal Rural