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Physical soybean prices in Brazil's interior rose on Thursday, led by Goiás, São Paulo and Minas Gerais, where trading activity was high. At the same time, export premiums fell at Santos and Rio Grande, with the gap between the two ports narrowing to R$0.91 per bag.
A stronger real supported domestic soybean prices, while lower port premiums reduce the export incentive. Together these signals point to balanced local supply and demand with no clear directional shift.
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.