Brazil soybean meal export market higher ahead of EU sustainability rule

Destination demand for Brazilian soybean meal has showed some improvement over the past few days after spot prices dropped to near 4-year lows while traders eye new sustainable regulations to be implemented by the European Union in December. Cash prices for Brazilian soybean meal have been strengthening, with Platts assessing FOB Paranaguá value Aug. 22 at $367.29/mt. That comes after…Destination demand for Brazilian soybean meal has showed some improvement over the past few days after spot prices dropped to near 4-year lows while traders eye new sustainable regulations to be implemented by the European Union in December. Cash prices for Brazilian soybean meal have been strengthening, with Platts assessing FOB Paranaguá value Aug. 22 at $367.29/mt. That comes after…Read More