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Soybeans: Brazil exporters await market before selling remaining 40/50 million tons

RIO DE JANEIRO, BRAZIL - Soybeans left to be exported and traded in the domestic market have become financial assets for producers, waiting for a sharper definition of the American crop in sowing stage, reaching almost 45% of the area dedicated to the grain.

Some 40 to 50 million tons remain to be negotiated and which Brazilians will stretch to the maximum for better prices in Chicago and the domestic market, believes analyst Vlamir Brandalizze.

The record 4.7 million tons of grain exported in the 1st week of May, with revenues of US$2.1 billion, is part of the . . .

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