Strength of soybean fundamentals ensures market value
Despite feeling the current volatility of the global financial market, the Brazilian soybean maintains the strength of its fundamentals this Monday (June 13), according to the analysis of specialists. The resumption of lockdowns in China, which faces a new outbreak of Covid-19 worries all markets and increases risk aversion.
The relapse of Covid-19 in China, after a week of strong declines in the Asian stock markets, added to the uncertainties about the punctuation of the expected interest rate hike in the US, which worries the markets in general, and soybean is the derivative that should feel this movement more intensely.
More from SLC Agrícola "Agriculture"
- Record soy exports in Mato Grosso
- Fazenda Pamplona receives ambassadors from Asia and Europe to demonstrate the quality of Brazilian cotton
- Piauí celebrates a 20% increase in grain production
Read also
- Production of the 1st 2022/23 corn harvest should be 15% higher than 2021/22
- Corn shipment abroad at the Paranaguá Port in the first half of 2022 is 221% larger than in the same period in 2021
- Soy producers in Bahia should reduce the percentage of fertilizers used due to high price
- 19th Cotton Day reveals the trends and technologies for cotton growers in Goiás
- Corn harvest should yield BRL 16.6 billion
Last news
- Agopa´s HVI Laboratory receives MAPA certificate
- SLC Agrícola and SLC Sementes participate in the 13th Brazilian Cotton Congress
- The importance of certifications for SLC Agrícola
- Production of the 1st 2022/23 corn harvest should be 15% higher than 2021/22
- SLC Agrícola receives delegation from Indonesia to learn about its cotton manufacturing process
- Corn shipment abroad at the Paranaguá Port in the first half of 2022 is 221% larger than in the same period in 2021