WITH POSITIVE WEATHER, U.S. CROP CONDITIONS IMPROVE

WITH POSITIVE WEATHER, U.S. CROP CONDITIONS IMPROVE

Year XXXX | august/08/2016
nº 1912
WITH POSITIVE WEATHER, U.S.
CROP CONDITIONS IMPROVE
HIGHLIGH TS
•
The combination of good weather with great conditions of US crops keeps bringing the feeling that the US will reap a record
crop from September.
•
Weather maps project good volumes of rain and not so high temperatures for the coming few weeks in the US growing belt,
which must be beneficial to crops.
•
The conditions of US crops returned to improve after two weeks unchanged. According to the USDA, now 72% of soybean
crops are in good or excellent condition.
•
The USDA will raise its estimate for the US crop in its August supply and demand report, to be released on Friday, the 12th.
•
Production must be increased to the range of 107 to 108 million tons.
U.S. crop conditions improve; weather
remains positive
first moment and the positive weather registered in recent months
At the height of the weather market and entering the final
Agents, watching out for the weather, adjust their positions
stretch of the US crop development, the market remains
pressured by the forecast of arrival of a large crop of the world's
top soybean grower.
Currently, the feeling is that the United States will either
reap a full crop or have just irrelevant losses.
The trend is that the USDA will raise its forecasts
for yield and production of the US crop, confirming
the market sentiment. Production may be increased
to the level of 108 million tons, which would be the
largest soybean crop ever reaped in history. The
supply and demand report from the USDA will be
released on Friday, the 12th.
Such a sentiment is supported by two factors:
successful development of the US crop since the very
in the growing belt of the Midwest and Southeast of the country.
on a daily basis to update weather maps.
As seen in recent weeks, current maps continue to project
the predominance of good volumes of rain and not so high
temperatures for most growing states.
nº 1912 | year XXXX | august/08/2016
In this environment, the conditions of US soybean crops are
still considered great.
In its latest survey, with data collected until July 31, the USDA
excellent condition. In the week earlier, the index was 71%. The
update of the US crop conditions always occurs on Mondays,
after the market closes.
indicated that 72% of the country's soybean crops are in good to
Chicago on the sidelines
After hitting USD 9.43 a bushel, the November/16
contract has been corrected in Chicago. A weaker dollar
and especially a more aggressive demand for US
soybeans (US sales amounted to 2.09 million tons last
week) served to boost prices. Thus, soybeans end the
week quoted at USD 9.74 a bushel. Despite the attempt
of high in recent sessions, the result of the week was
still negative by 2.9%.
The market must keep an eye on the weather and
on the conditions of US crops. The forecast is for good
rains over the next week in the US growing belt. The
1912
XXXX
| august/08/2016
Nº 815nº—
Ano| year
XV —
18/setembro/2014
market must also be affected by the expectation around the
changed hands at BRL 80 a bag. Despite the recent
USDA's report, to be released on Friday (12).
depreciation, prices are above the same period last year (BRL
Technically, the market tries some reaction on the CBOT.
64.50 per bag).
Nov/16 moved above the level of USD 9.57 bushel and tests the
Negative signs are reinforced in the deflated historical
average of 10 times (9.76). Retrieving this line would provide
comparison. The price of soybeans fell below the average of the
short-term impetus to the movement. The challenge of the high
last five years and left the favorable region for sellers. This sends
is to move above the 200-time parameter (9.84), aiming at the
out the warning signal, reinforcing the impression that perhaps
psychological level of USD 10.00 a bushel.
But a new low and loss of the level of 9.57 a bushel
must lead soybeans toward the bottom at USD 9.43 a
bushel and then down to the graphic reference at USD
9.16 a bushel.
Weaker physical market
The domestic physical soybean market ended up
faltering in the face of losses in Chicago and decline in the
dollar. A bag of 60 kg of soybeans in Rondonópolis, for
example, fell to BRL 75.00 last Friday. To get an idea, a
week earlier it was trading at BRL 77, and one month ago
nº 1912 | year XXXX | august/08/2016
last season. The information is from the GAIN report, from the
United States Department of Agriculture (USDA). The planted
area was estimated at 6.9 million hectares. Imports of the
product were estimated at 86 million tons for 2016/17,
compared to 83 million in 2015/16.
the best selling is gone. With a weak dollar and Chicago falling
due to good signs for the US crop, this feeling is strengthened.
Dollar weaker
The dollar fell again and lost the support of BRL 3.20. The
combination of monetary stimulus out there with political
definitions and new tax measures here can keep the market
depressed and walking towards the level of BRL 3.00.
The Central Bank is expected to hold swap auctions to soften
the negative effects on the US currency. Outside, the better than
expected report on the US labor market (payroll) also fuels
speculation on US interest rates.
Chinese production and imports
are expected to grow
The production of soybeans in China in the 2016/2017
business year must total 12.5 million tons, against 11.6 million
A N A LY S T T I P
• Without major news, the soybean market in Chicago remains
with the attention focused on the North American weather. Agents
also begin to adjust positions against the supply and demand
report from the USDA, to be released on Friday (12). In addition,
demand signals for US soybeans must also stay in the focus of
the market.
• Weather maps continue indicating a positive weather for most
of the growing states in the US Midwest and Southeast for the
next two weeks, predicting the maintenance of good levels of
rainfall. In addition, the maps for the entire month of August
and part of September (final stretch of crop development) also
indicate favorable weather conditions, which maintains the
feeling of a full crop.
• Positive forecasts combined with good growing condition
registered since the beginning of the crop development bolster
the expectation of increase in the projections for productivity and
production of the US crop by the USDA in its August report to be
released on Friday (12).
• The bet is that the USDA will raise its projection of US production
to the range of 107 to 108 million tons, which would be the
largest crop in the US history. The market remains pressured by
this possibility.
• On the demand side, large purchases of US soybeans by importers
past week draw the attention of the market, confirming that the
US soybeans returned to be competitive in the international
market. This fact brings some support to the US market, impacting
also on Chicago futures contracts.
• On the technical side, contracts of the new US crop must continue
working with resistance at USD 10.00 per bushel and must not
have breath to test higher levels. But momentary positive
adjustments are not ruled out. Downwards, support at USD
9.50 and 9.25.
1912
XXXX
| august/08/2016
Nº 815nº—
Ano| year
XV —
18/setembro/2014
INDICATORS
B RA ZIL IA N M A RK ET - A V ERA G E P R ICES - US $
F U T U RES M A R KET S / B AS IS
A ug04
P re v io u s
P re v io u s
M o n t h ly
P re v io u s
A ug04
P re v io u s
P re v io u s
2 0 16
Week
M o nt h
S p re a d %
Year
2 0 16
Week
M o nt h
- R S, Pass o F und o , F OB
- PR , C as cav el, F OB
2 3 ,4 6
2 3 ,3 1
2 3 ,8 3
2 3 ,9 8
2 5,0 1
2 4 ,71
- 6 ,2
- 5,7
2 1,50
2 0 ,6 6
- M T , R o nd o nó p o lis , F O B
- SP, Int er io r , C IF
- O f f icial Pr ic e
2 3 ,15
2 4 ,55
8 ,2 0
2 3 ,52
2 5,3 6
8 ,0 6
2 3 ,9 7
2 6 ,2 1
7,9 0
- 3 ,4
- 6 ,3
3 ,7
- Ex p o r t p ar it y - C as cav el
- Ex p o r t p ar it y - P.F und o
- Ex p o r t p ar it y - R o nd .
2 3 ,11
2 3 ,2 4
2 1,15
2 3 ,72
2 3 ,9 4
2 1,70
2 3 ,9 9
2 4 ,3 3
2 1,77
- PR , P. Gr o s s a, F OB
- SP, Int er io r , F OB
4 16 ,4 5
3 79 ,15
4 4 2 ,9 6
3 9 1,0 3
- R S, Po r t o A leg r e, F OB
- Ex p o r t p ar it y - P. Gr o s s a
4 0 4 ,0 2
3 76 ,2 6
- SP, C IF , IC M S 12 %
- R S, C IF , P. A leg r e, IC M S 7%
- Ex p o r t p ar it y - P. Gr o s s a
S OY B EA N S - 60 Kg
- C hicag o - U S$ c ent s/ b us hel ( 2 7,2 k g )
A ug us t / 16
9 9 0 ,50
10 0 3 ,50
1175,0 0
18 ,2 5
19 ,6 7
7,4 6
Sep t emb er / 16
N o v emb er / 16
9 9 3 ,2 5
9 78 ,0 0
1174 ,2 5
116 2 ,2 5
- 3 ,6
- 4 ,5
- 2 ,9
2 0 ,6 1
2 1,3 3
18 ,71
- B M &F - U S$/ 6 0 kg
N o v emb er / 16
2 0 ,3 6
M ay/ 17
2 0 ,2 9
2 0 ,8 1
2 0 ,58
2 4 ,4 6
2 3 ,2 5
4 2 8 ,3 7
4 13 ,4 0
- 2 ,8
- 8 ,3
3 2 2 ,57
3 16 ,9 1
- Pr emium F OB Pg uá - U S$ c ent s / b u
A U G/ 16
13 8 ,0 0
16 0 ,0 0
13 0 ,0 0
4 0 9 ,3 6
4 0 0 ,2 2
4 19 ,3 9
3 8 7,0 4
- 3 ,7
- 2 ,8
3 4 2 ,3 8
2 9 1,4 4
8 17,3 5
70 8 ,58
78 8 ,17
70 8 ,74
757,8 9
6 8 8 ,9 9
7,8
2 ,8
6 6 7,78
6 0 2 ,70
- Pr emium F OB R . G r and e - U S$ c ent s / b u
A U G/ 16
14 8 ,0 0
170 ,0 0
- Pr emium F OB U SA - U S$ cent s/ b u
A U G/ 16
72 ,0 0
78 ,0 0
- Pr emium F OB B . A ir es - U S$ cent s/ b u
74 7,54
73 4 ,8 2
718 ,2 0
4 ,1
56 5,3 3
A U G/ 16
9 73 ,50
9 56 ,75
SOYM EA L - t
C R UD E S O Y O IL - t
17,3 5
18 ,14
18 ,2 3
- 4 ,8
13 ,77
18 0 ,8 7
2 79 ,70
177,8 0
2 74 ,9 4
174 ,3 5
2 6 9 ,6 1
3 ,7
3 ,7
16 4 ,6 8
19 2 ,4 1
- PR , Int er io r ( W es t )
2 12 ,3 7
2 18 ,9 4
179 ,74
18 ,2
113 ,18
- SP, C IF , IC M S- F r ee
- C hicag o - U S$/ s ho r t t o n ( 9 0 7,2 kg )
A ug us t / 16
3 2 9 ,70
3 4 1,50
Sep t emb er / 16
3 2 8 ,0 0
3 4 2 ,8 0
- Pr emium F OB Pg uá
A U G/ 16
6 ,0 0
7,0 0
- Pr emium F OB R .Gr and e
WH E A T - t
- O f f icial Pr ic e , Sup ., PH 78
- PR , M ar ing á, F OB
0 ,0 0
78 ,0 0
3 5,0 0
SO YM EA L
R E F . S O Y O IL - (b o x / 2 0 c a n s )
- SP, C IF , b leached / d eo d .
0 ,0 0
14 0 ,0 0
C OR N - t
2 4 0 ,8 6
2 4 6 ,9 4
2 0 7,2 0
16 ,2
13 2 ,0 5
- F eed er cat t le, SP, Int er io r
4 8 ,4 8
4 7,9 6
4 7,78
1,5
4 0 ,18
- Po ult r y, SC Int er io r ( 1 kg )
0 ,9 0
0 ,8 7
0 ,8 4
7,5
0 ,71
A U G/ 16
13 ,0 0
- Pr emium F OB A R G U p R iver
A U G/ 16
11,0 0
L IV E S T O C K - 15 k g
4 0 5,3 0
4 0 5,8 0
- 3 ,0 0
14 ,0 0
4 ,0 0
10 ,0 0
0 ,0 0
2 9 ,4 9
3 1,3 8
2 9 ,6 4
3 1,53
1,4 0
- 0 ,2 0
1,70
- 0 ,3 0
S O Y O IL
W O RL D M A RKET S - SPOT PRIC ES - IN US$ / M ET RIC T ON
- C hicag o - U S$ c ent s/ lb ( 0 ,4 5kg )
A ug us t / 16
3 0 ,54
S OY B EA N S
- B r az il, F O B R io Gr and e
- B r az il, F O B Par anag uá
- U SA , F OB G ulf
4 18 ,3 3
4 14 ,6 5
3 9 0 ,4 0
4 3 1,19
4 2 7,51
3 9 7,3 8
4 3 8 ,8 1
4 3 5,14
4 16 ,4 0
- 4 ,7
- 4 ,7
- 6 ,2
3 8 5,9 9
3 8 0 ,4 8
3 8 8 ,56
Sep t emb er / 16
3 0 ,6 4
- Pr emium F OB Pg uá
A U G/ 16
1,4 0
- A r g ent ina, F OB U p R iv er
- U SA , C IF R o t t er d am
3 6 3 ,9 5
4 0 3 ,50
3 6 8 ,72
4 2 1,0 0
4 0 0 ,2 3
4 4 1,0 0
- 9 ,1
-
3 6 9 ,4 6
3 9 4 ,75
- Pr emium A R G F OB U p R iver
A U G/ 16
1,50
C OR N
S UN S E E D
- A r g ent ina, F OB B . A ir es
3 8 0 ,0 0
3 8 0 ,0 0
3 8 0 ,0 0
0 ,0
3 6 0 ,0 0
- C hicag o - U S$ c ent s/ b u ( 2 5,4 k g )
Sep t emb er / 16
3 2 0 ,75
3 3 1,2 5
s b ean, B R 4 3 ,5% ( LOW ) , R G
s b ean p ell., B R , 4 6 %, Pg uá
s b ean p ell., A R G, U p R iv er
3 77,76
3 70 ,0 4
3 73 ,0 0
3 9 1,8 7
3 8 4 ,15
3 8 5,0 0
4 19 ,9 8
4 12 ,2 6
4 2 3 ,0 0
- 10 ,1
- 10 ,2
- 11,8
3 3 3 ,0 0
3 2 5,2 9
3 6 0 ,0 0
D ecemb er / 16
3 3 1,0 0
M ar ch/ 17
3 4 1,50
- B M &F - U S$/ 6 0 kg
s b ean p ell., B R , C IF R o t t .
s b ean p ell., A R G, C IF R o t t .
s unp ell, A R G, F OB B . A ir es
3 9 9 ,0 0
4 0 3 ,0 0
16 0 ,0 0
4 0 9 ,0 0
4 11,0 0
153 ,0 0
4 4 8 ,0 0
4 53 ,0 0
14 3 ,0 0
- 10 ,9
- 11,0
11,9
3 9 5,0 0
4 0 0 ,0 0
175,0 0
D ecemb er / 16
4 4 ,8 7
4 7,3 0
- B asis F OB A R G U p R iver - U S$ cent s/ b u
Sep t emb er / 16
13 9 ,0 1
13 1,0 5
s unp ell, A R G, C IF R o t t .
C o r n G lut en F eed C IF R o t t .
na
na
na
na
na
na
-
na
na
6 78 ,8 0
6 8 7,6 1
78 0 ,0 0
4 2 1,0 0
na
6 53 ,2 2
6 6 4 ,2 5
79 5,0 0
4 4 1,0 0
6 55,0 0
7,5
6 ,3
- 2 ,5
- 8 ,5
6 ,9
6 2 7,4 3
6 2 0 ,8 2
79 0 ,0 0
3 9 4 ,75
58 2 ,50
- C hicag o - U S$ c ent s/ b u ( 2 7,2 k g )
Sep t emb er / 16
4 16 ,0 0
4 0 7,75
D ecemb er / 16
4 3 8 ,0 0
4 3 5,75
- r ap e, c r ud e, C IF R o t t .
- p alm, cr ud e, C IF R o t t .
70 1,9 4
70 6 ,3 5
775,0 0
4 0 3 ,50
70 0 ,0 0
- Kans as - U S$ c ent s/ b u ( 2 7,2 k g )
Sep t emb er / 16
4 0 5,75
4 0 9 ,75
4 3 1,2 5
- s b ean, c r ud e, B R Pg uá
- p alm, cr ud e, B R , C IF SP
- s un, cr ud e, B R , C IF SP
70 4 ,15
8 54 ,6 5
10 8 7,73
6 8 1,0 0
8 4 0 ,11
10 6 9 ,2 2
6 55,4 3
8 2 3 ,8 0
10 4 8 ,4 7
7,4
3 ,7
3 ,7
6 2 9 ,6 3
73 5,6 9
9 6 2 ,0 6
D ecemb er / 16
4 3 6 ,0 0
4 4 5,50
- A r g ent ina, F OB , B . B lanca
18 0 ,0 0
18 0 ,0 0
2 2 0 ,0 0
- 18 ,2
2 2 5,0 0
- A R G, C IF Sant o s / B R A
2 71,4 4
2 71,4 4
2 3 6 ,71
14 ,7
2 4 5,74
- A r g ent ina, F OB U p R iv er
- U SA , F OB G ulf
18 1,0 0
14 8 ,3 2
18 2 ,0 0
157,9 6
172 ,0 0
155,70
5,2
- 4 ,7
159 ,0 0
16 3 ,6 7
- B R , F O B Pg uá
- A R G, C IF B r as il
- U SA , C IF B r asil
18 7,2 9
2 4 1,3 6
2 2 4 ,0 8
179 ,6 2
2 4 1,9 4
2 3 2 ,56
178 ,53
2 18 ,4 8
2 16 ,11
4 ,9
10 ,5
3 ,7
14 7,53
2 0 5,8 2
2 2 5,8 4
1 - V ar iab le co s t / ha 58 8 ,0 8
2 - F ix ed c o s t / ha
3 58 ,6 5
3 - T o t al c o st / ha
9 4 6 ,73
4 - C o s t / 6 0 Kg
17,2 1
3 ,2 177
0 ,2 16 5
14 ,8 6 10
3 ,2 73 4
0 ,2 176
15,0 3 2 5
3 ,3 3 8 2
0 ,2 2 72
14 ,6 8 0 0
- 3 ,6
- 4 ,7
1,2
3 ,53 4 1
0 ,3 8 3 6
9 ,2 0 8 8
5 - M ar k et p r ic e
6 - Pr o f it ab ilit y ( %)
M EA LS / P ELLE T S
- B asis F OB U SA ( G ulf ) - U S$ c ent s / b u
A ug / 16
56 ,0 0
70 ,0 0
V E G E T A B L E O IL S
3 53 ,0 0
3 6 0 ,0 0
3 6 7,0 0
3 9 ,4 4
9 6 ,6 0
6 5,0 0
WH EA T
- s b ean, c r ud e, B R R G
- s b ean, c r ud e, A R G, U p R iv er
- s un, cr ud e, A R G, B . A ir es
WH E A T
4 3 7,2 5
- B asis F OB U SA ( G ulf ) - U S$ c ent s / b u
A ug / 16
6 5,0 0
6 5,0 0
4 0 4 ,2 5
4 2 2 ,50
55,0 0
PROFIT A BIL IT Y - SO YBEA N/C ORN/W HEA T
C OR N
P a ra n á
S o yb e a n
E XC H A N G E R A T E
R eal / U .S. D o llar
R eal / Pes o ( A R G )
Peso / U .S. D o llar
3 3 8 ,75
3 4 7,50
2 3 ,3 1
26
C o rn
Wheat
8 6 8 ,9 4
3 8 7,9 7
12 56 ,9 2
8 ,9 8
3 2 9 ,16
2 9 5,3 0
6 2 4 ,4 7
15,6 1
12 ,74
30
16 ,78
7
Yi el d s: so y be an 3 ,30 0 ; c o r n ; 8 ,4 0 0; w he at 2 ,8 8 0 ( k g / h a)
S o u r c e : D e r a l/ P R
BRA Z IL - INDEXES - IN %
na = no t availab le
BRA Z IL IA N SOYBEA N C RUSHING M A RGINS
- B R , ex p , R G, U S$/ t ( 2 )
- U SA , C B O T , U S$/ t
J un16
M ay 16
0 ,3 5
1,50
3 ,16
0 ,6 5
- 10 ,19
- 3 ,0 6
0 ,57
5,0 7
- 1,8 9
1,6
6 ,6
1,1
4 ,3
3 ,8
10 ,5
Inf lat io n/ F IPE
D o llar ( Par allel)
Go ld ( B M &F )
- 5,9
4 7,5
- 1,4
13 ,1
- 6 ,4
4 8 ,4
- 1,5
13 ,1
- 2 ,6
11,2
- 4 ,7
-
Sav ing s A c co unt
TR
0 ,6 6
0 ,0 0
0 ,71
0 ,0 0
0 ,6 5
0 ,0 0
C D B ( p r e- f ix at ed )
0 ,9 3
0 ,8 9
0 ,9 2
A ug04
2 0 16
- B R , U S$ / 6 0 k g ( 1)
Jul16
A ug04
2 0 16 (%)
N o t e: ( 1) 10 0 % d o mes t ic mar ket ; ( 2 ) 10 0 % f o r eig n mar k et .
P re v io u s
Week
P re v io u s P re v io u s P re v io u s
W e e k (%) M o n t h (%)
Y e a r(%)
nº 1912 | year XXXX | august/08/2016
INDICATORS
SOUTH AMERICAN SUPPLY AND DEMAND
SOYBEANS
CROP
SOUTH A M ERICA
-Productio n
-Imports
-Do mestic Co nsump.
-Exports
B RA ZIL
-Productio n
-Imports
-Do mestic Co nsump.
-Exports
A RGENTINA
-Productio n
-Imports
-Do mestic Co nsump.
-Exports
P ARAGUAY
-Productio n
-Imports
-Do mestic Co nsump.
-Exports
URUGUAY
-Productio n
-Imports
-Do mestic Co nsump.
-Exports
CORN
SOYBEAN COMPLEX - BRAZILIAN EXPORTS
SHIPMENTS PER EXIT PORTS - MARKETING YEAR
WHEAT
15/16
14/15
15/16
14/15
15/16
14/15
174.300
332
95.402
78.060
172.151
360
97.486
76.693
115.200
400
67.270
47.500
113.228
400
65.798
47.300
17.705
6.840
18.325
8.200
19.845
6.019
18.758
6.831
in thousant.to nnes
Feb/ Jun
Feb/ Jun
2016 (a)
2015 (b)
15/16
-
38173,4
32162,8
54633,3
-
12750,6
9692,3
13032,0
-
5492,5
5159,8
11438,7
-
5908,8
4883,1
8785,2
-
2846,9
3136,8
4614,9
-
2141,3
2187,1
3748,6
-
2593,5
2803,9
5004,5
-
921,3
1057,6
2693,2
-
1720,9
1031,4
1653,3
-
1571,9
1146,0
2185,4
-
29,8
30,4
450,4
7260,4
6430,4
15105,5
2234,8
2577,1
5557,4
2873,3
1984,1
4444,6
1103,1
1022,9
2518,6
410,4
332,5
1061,5
287,0
315,1
851,6
178,9
169,9
441,0
6,0
27,3
42,2
166,9
1,4
188,5
Week
98.500
300
43.400
55.500
96.151
329
43.400
54.633
89.200
400
58.330
30.000
86.228
400
57.168
29.300
5.720
6.000
10.400
300
5.305
6.600
10.000
750
60.000
2
47.602
11.500
60.600
1
50.086
11.000
26.000
0
8.940
17.500
27.000
0
8.630
18.000
10.350
30
6.000
5.800
11.500
40
5.858
4.100
8.800
0
4.000
4.600
3.500
15
200
3.230
8.400
0
3.600
4.600
-
3.500
15
200
3.230
-
-
1.200
5
507
800
850
0
475
600
1.000
6
480
500
1.000
25
480
550
So urce: SAFRA S & M ercado/SECEX/SA GP YA /IBCE/CA PECO
SOYBEANS - WORLD DEMAND INDICATOR
in th. to nnes
AP R
A PR
2016
2015
since o cto ber
15/16
14/15
o ct/sep (estimate)
15/16
14/15
-Exports
Crush (mo nth)
USA Total
SOUTH A M ERICA
1422
4017
5439
1360
4093
5453
41576
29223
70799
44003
30140
74143
48850
51440
100290
Exp.BRA
10086
6551
25266
14068
57200
50610
40700
97900
11400
45700
57100
40440
91050
10570
40020
50590
4600
4100
200
2650
166550
266840
4490
3650
70
2500
152350
253500
B EANS
Santo s
Rio Grande
P aranaguá
São Francisco
Vitó ria
São Luis
Salvado r
M anaus
B arcarena
Santarem
M EA L
P aranaguá
Santo s
Rio Grande
Salvado r
Vitó ria
M anaus
São Francisco do Sul Outros
OIL
P aranaguá
Rio Grande
M anaus
Santo s
-
567,4
537,9
1532,7
-
408,9
352,4
1110,2
-
90,7
123,0
272,9
-
55,8
58,0
128,6
-
11,9
3,6
19,2
Chuí
-
0,2
0,9
1,5
Outros
-
0,0
0,0
0,2
-
46001,2
39131,1
71271,5
SUM TOTAL
USA (b)
3995
3761
22432
21826
Crush BRA
14081
10312
47697
35894
Subto t. BRA
630
1413
1883
1714
Exp.ARG
3728
4255
27929
22834
Crush ARG
4358
5668
29812
24548
Subto t. ARG
Exp. P AR
Crush PA R
Exp.BOL
Crush BOL
T.So uth America
23877
21433
148308
134584
To t.General
Obs: Preliminary data.
(a) Wo rld cro p year. In South A merica, fo llo wing monthly to tals.
(b) USA since SEP .
50170
50980
101150
(*) Tubarão po rt;
(**) Itaqui and Po nta da M adeira po rts; Araguaia waterway;
(x) M adeira-Amazonas waterway;
So urce: SAFRAS/Line Ups
SOYBEAN COMPLEX - EXPORT
in th. to ns
B EANS
*Week
Cum./16
Cum./15
M EA L
*Week
Cum./16
Cum./15
OIL
*Week
Cum./16
Cum./15
R egis te r 15/ 16
R e gis te r 16 / 17
S hipments 15 / 16
Jul28
Jul21
Jul28
Jul21
Jul28
542,2
52428,7
-1,4
51986,1
1128,2
10953,5
678,2
9825,3
671,2
46636,0
700,7
45946,9
50641,7
51089,0
9016,3
7992,1
48856,2
48685,3
75,4
10334,4
11334,9
79,2
10259,1
11293,3
140,5
1275,7
1662,4
75,1
1135,2
1644,1
205,8
8829,0
229,2
8623,3
17,6
1155,1
857,7
6,5
1137,5
853,5
19,0
95,9
35,0
0,0
76,8
29,0
42,8
888,3
12,9
845,5
So urce: USDA
So urce SA FRAS & M ercado
SOYBEAN PROFITABILITY X FINANCIAL MARKET IN 2015 / 2016 - IN %
M o nth
BOVESPA
CDB
(30 dd)
2 0 15
MAY
JUN
JUL
Cumulative
JA N/JUN
R ea l Ga in
J A N / J UN
2 0 16
MAY
JUN
JUL
Cumulative
JA N/JUN
R ea l Ga in
J A N / J UN
Savings Commercial
A ccount
Do llar
P arallel
Gold
Dollar
Physycals
So ybeans So ybeans
A verage Cascavel
So ybeans
PFundo
So ybeans INFLATION(*)
Ro nd.
-6,17
0,61
-4,17
0,94
1,05
0,91
0,62
0,68
0,73
5,77
-2,42
10,13
4,98
-2,08
10,61
5,54
-2,47
0,51
-0,56
2,00
10,18
-1,53
2,48
12,56
0,59
2,32
11,81
-2,09
0,16
9,80
0,62
0,47
0,85
1,72
6,55
4,46
28,64
27,61
17,86
9,50
11,11
9,40
5,47
6,76
-4,72
-0,20
-2,15
20,49
19,53
10,39
2,57
4,07
2,47
-1,22
-
-10,09
6,30
11,20
0,92
0,89
0,93
0,65
0,71
0,66
5,10
-11,12
0,95
5,07
-10,19
1,50
-1,89
-3,06
3,16
14,47
10,60
-8,41
12,38
10,55
-9,62
10,71
9,69
-7,87
18,92
9,99
-7,94
0,57
0,65
0,35
32,17
7,02
4,69
-18,03
-18,26
3,55
8,17
7,60
1,35
17,01
5,38
25,43
1,56
-0,65
-22,21
-22,43
-1,74
2,65
2,11
-3,83
11,04
-
So urce: SA FR A S & M er cad o . ( *) I PC - FI PE
Jul21