Accelerated harvest boosts soybean liquidity in Brazil

The 2024/25 soybean harvest continues at a fast pace in Brazil, increasing the availability of grain in the domestic market and contributing to increased liquidity, as pointed out by researchers from the Center for Advanced Studies in Applied Economics (Cepea). According to the National Supply Company (Conab), as of April 12, 88.3% of the cultivated area in the country had already been harvested — a result higher than the 83.2% recorded in the same period last year and the average of the last five years, which is 87.4%. This progress has favored the intensification of business between producers and buyers. However, external factors, such as exchange rate volatility and the drop in export premiums, have limited even greater liquidity. Even so, domestic soybean prices remain firm, supported by demand and producers' caution in marketing. With the field approaching the end of the current season's activities, the market remains attentive to the next steps in marketing and ...