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Global demand for soybean meal rose last week, lifting CME futures and prompting Brazilian buyers, including those with long-term inventories, to pursue new frame contracts. Cepea reports low soybean market liquidity.
Producers in Brazil are watching a water deficit in the Southeast and Midwest.
Firmer CME meal futures and renewed buyer interest in Brazilian meal support local prices. Dryness concerns in Brazil's growing regions could add further upward pressure if they persist.
belacereais.com.brOct 27, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
