Áudio da manhã do mercado físico
Soybean premiums are firmer. Trades reported on overnight in the CFR China for February and March out of Brazil. Levels are 25 cents above previous week.
Lear more Wrap Up Morning
This afternoon more trades were reported at higher levels. Despite the rains that are falling this afternoon in MT, GO, TO and MA, farmer selling continues to be very slow.
Furthermore, private crushers in China seem more concerned about the supply of soybeans for the February and March shipment window in Brazil. Brazilian basis are still very cheap compared to the US.
Trades reported:
- Rumors of CFR China at +130/135h for February shipment – this afternoon;
- Trades reported for March on Fob Pagua at -55/60h;
A week ago, offers on the CFR for February were at +100h and on the Fob at -95h;