Methodology

Product specification: Brazilian soybean in bulk, export type;
Unit of measurement/Currency: US dollar per 60-kilo bag;
Delivery: Product delivered at Paranaguá port, Paraná State, DAP (Delivered at Place) or FAS (Free Alongside Ship) in warehouses that load ships at Paranaguá port;
Reference region: Product delivered at Paranaguá port, Paraná State, DAP (Delivered at Place) or FAS (Free Alongside Ship) in warehouses that load ships at Paranaguá port;
Applied taxes: No ICMS included;
Statistical treatment: The daily sample is submitted to two statistical procedures: standard-deviations (up or down, compared to the average of the sample) and analysis of the variation coefficient;
Frequency: daily;
Historical data: since March 2006;
Agents consulted for the survey: Soybean growers, cooperatives, swine and poultry growers and processors, food companies, feed processors, cereal companies, trading companies and brokers consulted daily in the trading region and who take part in trades as purchasers, sellers or mediators between parts: - Brokers: mediators in soybean sales and purchases. – Cereal companies: Companies that purchase soybean (processed or not) and trade in the wholesale market. – Trading companies: commercial exporting companies, whose activities relate to, mainly, purchases in the domestic market for future exports;
Important: The price considered in the daily sample corresponds to the value converted into US dollars and to value of current soybean trades or bids reported by Cepea collaborators, per 60-kilo bag, for soybean delivered at place (DAP) or free alongside ship (FAS) in the warehouse at the port and delivered at the unit that loads ships at Paranaguá port, Paraná State, without taxes. Trades are reported in Real per 60-kilo bag and converted into US dollars by the commercial exchange rate of sales at 4:30 pm. Term prices are converted into cash prices by considering the days between the closure of the contract and the effective payment by purchasers, based on the CDI rate (Interbank Deposit Certificate), collected at the CETIP (Custody and Settlement Chamber).
MAIN APPLICATIONS: Financial liquidity of future soybean contract at BM&FBovespa – SFI code. 

 

Source: Cepea

Contact

Staff

Staff

Coordinator
Geraldo Sant’ana de Camargo Barros, Ph.D
Full professor of the Department of Economics, Management and Sociology
gscbarro@usp.br

Chief Researcher
Lucilio Rogerio Aparecido Alves, Dr
lralves@usp.br

Research Assistants

Débora Kelen Pereira da Silva

Raphaela Spolidoro
André Sanches
Isabela Rossi
Carolina Sales
Marcia Ferreira
Kaline Lacerda
Liziane Dias