In a few countries of Mato Grosso, the wholesale was for the soyabean bag until the last month of last year. The information appears in the weekly survey of the Mato Grosso Institute of Agricultural Economics (Imea). According to the entity, the soyabean market has not transmitted to moments of uncertainty in recent weeks. “The main indicators that influence the price of oilseeds in Mato Grosso are under pressure. Since May, when it reached a barrier of $ 4.00, the US currency has been depreciating, closing Friday (07/26) quoted at $ 3.77, accumulating a retreat of 4.34 % compared to May closing. Similarly, quotations on the Chicago stock exchange contract may have been over $ 9.00 a bushel, closing last Friday at $ 8.83 a bushel, ”says imea.
Source: Canal Rural