Brazil’s Soybean Market Sees Firm Prices, But Export Activity Remains Low as Farmers Focus on Planting

This Monday, the Brazilian soybean market exhibited stable prices across most regions, although trading volumes were not particularly significant. While there were some domestic movements in the market, export activity remained subdued as many producers are primarily focused on the ongoing planting season. Despite the firmness in prices, the lack of major transactions reflects the industry's current focus on production rather than trade.

Soybean Prices Across Key Brazilian Markets

• Passo Fundo (RS): Prices increased from €21.28 to €21.44
• Missões Region (RS): Prices rose from €21.12 to €21.44
• Rio Grande Port (RS): Prices held steady at €22.58
• Cascavel (PR): Prices climbed from €21.70 to €22.18
• Paranaguá Port (PR): Prices increased from €22.58 to €22.92
• Rondonópolis (MT): Prices rose from €21.64 to €22.18
• Dourados (MS): Prices increased from €21.50 to €22.12
• Rio Verde (GO): Prices edged up from €21.04 to €21.26

Chicago Soybean Futures Recover from Losses

Soybean futures on the Chicago Board of Trade (CBOT) ended higher on Monday, recovering some of the recent losses. The gains were supported by strong demand for North American soybeans and rising oil prices in New York. Additionally, new economic stimulus measures in China have contributed to a more favorable outlook for soybean demand, which has helped lift prices further.

• November 2025 futures closed 1 cent higher at $9.81 per bushel, a 1.13% increase.
• January 2025 futures rose by 7 cents, closing at $9.89 ¾ per bushel, up 0.71%.
• In by-products, soy meal for December gained $2.70 to close at $318.30 per ton, while soy oil increased by 0.57 cents to finish at 42.39 cents per pound, a 1.36% rise.

Currency Exchange and Market Impact

The Brazilian real weakened slightly against the U.S. dollar on Monday, closing 0.14% lower. The commercial exchange rate was set at 5.69 R$ for buying and 5.69 R$ for selling, fluctuating between 5.68 R$ and 5.73 R$ during the day.

Outlook: What’s Next for Brazil’s Soybean Market?

With planting season in full swing and steady demand for soybeans both domestically and internationally, Brazil’s market is expected to maintain solid price levels in the coming weeks. However, as farmers remain focused on planting, export activity may continue to lag until production increases later in the season. The impact of global market trends, including demand from China and movements in oil prices, will also play a significant role in shaping price dynamics moving forward.





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