Production may be lower, but prices are moving down

Cepea, July 16, 2025 – While the global crop continues to move at a good pace, with expectations of a new record in 2025/26, the output in Brazil is likely to shrink, which, in turn, will require an increase of imports between August 2025 and July 2026. Even in this scenario, quotations moved down in Brazil in early July, influenced by decreases abroad and of dollar values.   According to a report from Conab released on July 10, the national output is estimated at 7

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