It is definable not a good time for Brazilian soybean growers. The exchange rate has been pressing down prices in local currency to the lowest levels in years. At the same time, production costs get higher and, in some areas, the crop productivity was affected by the weather. The Brazilian government has already announced that the next grain crop production should be the smallest in 5 years.
Very unhappy with the situation, soybean farmers started a wave of protests around the country, requiring governmental support. It is important to consider that the soybean farming is the most important activity for the Brazilian agriculture.