Soybean prices are stable at the beginning of February. According to researchers at Cepea, on the one hand, external and dollar appreciation, and on the other hand, strong international demand for Brazilian soybeans are factors supporting oilseed prices.
On the other hand, the significant decline in export premiums limits the pass-through of international price increases to the domestic market.
At CME Group (Chicago Mercantile Exchange), the price boost came from the recent meeting between the presidents of the United States and China, held on Wednesday, the 4th, when the Asian country reaffirmed its commitment to increasing purchases of US soybeans this season and next, according to researchers at Cepea.
On the international front, Brazilian soybean exports started 2026 at an accelerated pace. According to data from Secex, shipments of the oilseed totaled 1.87 million tons in January 2026, an increase of 75.51 TP4T compared to January 2025. Of this total, 57.21 TP4T were destined for China.
