Dollar valuation and trade war impacts boost prices in Brazil

Cepea, May 5, 2025 – Soy prices rose in April, due to the dollar valuation against Real and to the trade war especially between the United States and China, which boosted Brazilian exports. This scenario was more intense in the first fortnight of April, since that, in the second part of the month, price increases were limited by the higher 2024/25 supply in Brazil, due to the end of the harvesting in major producing areas, to the progress of activities in Argentina and to favorable weather conditions for the 2025/26 season in the Northern Hemisphere.   The CEPEA/ESALQ Index (Paranaguá) averaged BRL 134

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