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Cepea, July 18, 2024 – Soybean values moved down sharply in the domestic market in early July. The decrease is related to favorable weather conditions in the Northern Hemisphere, to the large output in South America and to the recent weak Asian demand.
The USDA indicated that crops in good or excellent conditions accounted for 68% of the total up to July 7, higher than the 51% verified in the same period last year
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Fonte: Cepea