From CNN Brasil · · 50s
Soja sales advance to 48.29% in Mato Grosso
Mato Grosso soy sales hit 48.29% of estimated production by end of October, up 4.56 percentage points from previous month.
In brief
Mato Grosso soy sales hit 48.29% of estimated production by end of October, up 4.56 percentage points from previous month. Mato Grosso soy sales reached 48.29% of estimated production by end of October, up 4.56 percentage points from the prior month. Originally reported by CNN Brasil.
Soy sales advance
Mato Grosso soy sales reached 48.29% of estimated production by end of October, up 4.56 percentage points from previous month.
Sales pace higher than average
The sales pace is 12.21 percentage points higher than the same period last year and above the five-year historical average of 37.40%.
Market pressures slow sales
Higher physical market prices in Mato Grosso slowed sales due to falling Chicago futures prices, reducing producer margins.
The one thing
Mato Grosso soy sales reached 48.29% of estimated production by end of October, up 4.56 percentage points from the prior month.
