Brazil Soy Market Slow

Dollar Bump Fails to Draw Soy Farmers to Market

Up to Feb. 13, farmers had committed to sell 38% of their soybean crop compared with 58% at the same point last year, said Safras e Mercado, a local farm consultancy. (DTN file photo by Alastair Stewart)
Up to Feb. 13, farmers had committed to sell 38% of their soybean crop compared with 58% at the same point last year, said Safras e Mercado, a local farm consultancy. (DTN file photo by Alastair Stewart)
The Brazilian soybean market remains slow as well-capitalized farmers waited on forex moves.

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