EN 
PT_BR 
Irregular rainfall in Brazil, cases requiring replanting, and expectations of stronger external demand next year have made Brazilian producers more reluctant to negotiate new batches of soybeans over the past week.
Therefore, a survey by Cepea shows that liquidity in the market spot National consumption decreased, but prices went up.
According to researchers at Cepea, soybean prices were also influenced by USDA projections indicating lower global supply, which, combined with increased demand in the 2025/26 crop year, should reduce the stock-to-consumption ratio to its lowest level in three seasons.
Regarding soybean meal, a survey by Cepea shows that demand remained strong, supporting domestic prices.
Meanwhile, soybean oil trading was weak, with some of the country's biodiesel industries indicating that they were well-supplied for the medium term.
