Soybean prices remain stable in May, with slight variations

Throughout May, soybean prices fluctuated within a narrow range, according to surveys by Cepea.

According to the Research Center, the small variations have been influenced by the supply context in South America, the pace of cultivation of the new crop in the United States, even by the impacts of North American tariffs on other countries and by reactions from governments affected by such measures.

Last week, Cepea surveys showed that prices remained under slight pressure, and the monthly average for May ended up being below that of April.

Meanwhile, soybean exports continue to accelerate.