Brazil president to meet soy farmers amid oilseeds price inflation

Topics Brazil | oilseeds | Soybean


By Pedro Fonseca RIO DE JANEIRO (Reuters) - Brazilian President Jair Bolsonaro said on Saturday that he plans to meet with local soy farmers next week to discuss a rise in prices of the nation's most prized export commodity. Chicago Board of Trade soybean futures soared to their highest prices since March 2018 on Friday, after the U.S.

Department of Agriculture projected tighter domestic supplies. In Brazil, the price of soy for shipping out of the port of Paranaguá reached a record high of 159.22 reais ($28.78) per.....

This article is no longer available in our repository.

There could be multiple reasons for this.