PSF: 05_05_2025
Por: Eduardo Vanin
Artigo, Grãos
Publicado em: 25/09/2023 07:48
Brz Markets - Recap: Soybean Premiums for the new crop finished the week firmer again. Bids for March, April and May rose by 10 cents WoW. Farmer selling was very week too. The last week was the second in row of farmer selling of less than 1 million tons – both crops. The very dry and hot weather and lower flat price in BRL per sack are the main reasons. Models keep showing a great divergence for the next 15 days, with EC much wetter than the GFS. Corn Premiums in Santos finished the week lower. More competition and slower Chinese demand are the main reasons. UKR is offering CFR China at very close levels of Brz. Rumors UKR sold a vessel to Spain. Corn Premiums FOB Santos fell by 5 cents WoW – offer side.
Soybean Paper MKT close 22 Sep
Feb -50sh vs -65sh
Mar -95sh vs -105sh
April -90sk vs -117sk
AM -83sk vs -106sk
May -77sk vs -95sk
June -70sn vs ??
JJ -70sn vs -85sn
July -60sn vs ??
Cargo Market – Santos/Tub
FH April -75sk vs ??
FH May -65sk vs ??
Trades reports: Rumors at -95sh for march.