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Por: Eduardo Vanin
Relatório, Grãos
Publicado em: 20/05/2024 13:30
The cash market is tight for smeal, oil and corn. The corn futures on the Matif rose 5.5% today, after some frosts in Ukraine, the largest supplier for Europe countries. Players also commented that corn in Matif is receiving support from wheat rally.
The smeal spot market in Brazil is also tight. The domestic market is short, paying well-above export parity.
Brazilian soybeans are becoming expensive compared to the US for August and September shipments.
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