
In Mato Grosso, average soybean meal prices rose 0.78% over the past week to R$1,936.57 per tonne, and soybean oil rose 2.15% to R$6,370.91 per tonne. Local reports link the meal gain to rising exports and a stronger dollar, and the oil gain to biodiesel demand and tight off-season supply.
Higher domestic meal prices raise feed ingredient costs in Brazil. Biodiesel-led oil strength supports the crush margin, which adds to meal supply and partly offsets the price pressure.
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.