EN 
PT_BR 
Greater external demand for Brazilian soybeans increased the pace of business in the national spot market last week.
According to Cepea researchers, this scenario was influenced by the appreciation of the dollar against the Real, which makes Brazilian commodities more attractive to foreign consumers.
Furthermore, soybean farmers are showing greater interest in selling part of the 2024/25 harvest on the spot market, especially to “raise cash” to cover financing costs for the next season.
According to preliminary data from Secex analyzed by Cepea, as of March 21, Brazil had already shipped 10.25 million tons of soybeans, 59.5% more than the volume shipped in the entire month of February.
As for the harvest, activities continue at an intense pace, and the climate has contributed to exceptional productivity in much of Brazil.
According to Conab, as of March 23, 76.4% of the total area had been harvested, surpassing the 66.3% recorded in the same period in 2024 and above the five-year average of 66.2%.
