EN 
PT_BR 
The physical market of soy Liquidity remains low in important producing regions, with benchmark prices declining without significant supply growth. According to an analysis by TF Agroeconômica, the combination of weaker Chicago prices and a loss of exchange rate support pressured prices, while producers maintained a defensive stance.
In Rio Grande do Sul, the port of Rio Grande continues to pay a premium over inland exports, but has lost part of its exchange rate buffer. The reference price was R$ 162.50 per sack, while Ijuí was R$ 154.00, Cruz Alta R$ 155.00, and Passo Fundo R$ 154.50. Even with the adjustments, there was no significant increase in sales.
In Santa Catarina, São Francisco do Sul decreased by 0.62%, to R$ 161.00. Producers' attention is increasingly focused on the new crop, while moisture availability favors some areas, although any excess could limit planting windows.
In Paraná, the price in Paranaguá fell to R$ 161.00 and in Cascavel to R$ 150.00. The reduction in prices also did not stimulate business, especially among capitalized producers, who remain focused on advancing planting.
In Mato Grosso do Sul, in addition to falling prices, the storage deficit is gaining importance. The state has a static capacity of 17.19 million tons compared to an estimated need of 29.22 million tons, a situation that could increase sales due to logistical needs during periods of higher supply.
In Mato Grosso, the price in Rondonópolis fell to R$ 147.00 per sack. Irregular rainfall is keeping planting selective, with producers assessing the risk of sowing in still dry areas and the impacts of any delays on the second corn crop planting window.
