US DOLLAR MAKES SOYABEAN PRICES SLOW IN BRAZIL

Soyabean prices ranged from stable to low in the country’s main markets earlier this week. The drop of more than 1% in the US dollar weighed on the benchmarks and pushed the negotiators away. Unlike the end of last week, the marketing stalled. Chicago was moderately upscale, without impacting the pace of business. In Passo Fundo, Rio Grande do Sul, the 60 kg bag followed by R $ 75. In the Missões region, the price stabilized at R $ 74.50 a bag. In the port of Rio Grande, prices remained at R $ 79.50. In Cascavel, Paraná, the price went from R $ 74 to R $ 73.50. In the port of Paranaguá, Paraná, the bag fell from R $ 79.50 to R $ 79. In Rondonópolis, Mato Grosso, the bag fell from R $ 70 to R $ 69. In Dourados, Mato Grosso do Sul, the quotation fell from R $ 71.50 to R $ 70. In Rio Verde, Goias, the bag fell from R $ 69.50 to R $ 68.50.

Source: Canal Rural