Export premiums decrease with slow exports

Brazilian soybean exports totaled 3.16 million tons in April, according to the Secex (Foreign Trade Secretariat), the highest volume of the grain exported in that month. At this first fortnight of May, however, trades of new contracts for export reduced. In this context, export premiums also decreased.

Between April 30th and May 14th, FOB Paranaguá soybean price to delivery in July increased 1.8 percent, at 278.71 dollars per ton this Monday, May 14th.

The CEPEA/ESALQ Index (Paraná state) upped 0.8 percent in Real and 3.6 in dollar from the beginning of this month to date, averaging 30.16 reals or 15.22 dollars per bag this Tuesday. Harvest activities are almost finished in Brazil, confirming the higher production and the productivity forecast to this crop. In Paraná state, harvest has reached 98.2 percent of the total cultivated area (3.93 million hectares), according to the Seab (Paraná Agriculture Secretariat).

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