
Soybean prices rose in most Brazilian markets, with the Cepea/Esalq indicator at Paranaguá up 1.18% to R$162.31 per bag, the highest of the year. The US dollar rose 1.62% to R$5.65, its highest in 17 months, pushing farmers and traders to sell domestically and forcing higher premiums.
A stronger dollar makes Brazilian soybeans more valuable in reais and encourages domestic sales, tightening local availability and supporting prices. Feed buyers in Brazil face higher soymeal and soybean costs.
After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.
After 301 past bullish macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.
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.