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Paranaguá spot soybeans were quoted at US$485 per tonne, versus US$350 for Rosario, according to Cepea-Esalq. The sharp dollar rise against the real after Lula's election win boosted Brazilian export competitiveness and spurred foreign buyer interest.
A cheaper real lifts Brazilian export competitiveness and draws buyers to spot Brazilian cargoes, while Argentine soy faces a wide discount, and EU demand for Brazilian meal ahead of EUDR rules supports Brazilian export prices.
prograin.comNov 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
