Brazil’s Largest Co-op Says Farmers Hoarding Soybeans

Brazil’s largest farmer cooperative said growers are hoarding soybeans amid a drop in domestic prices.

loading soybeans
loading soybeans
(AgWeb)

Brazil’s largest farmer cooperative Coamo, based in the state of Paraná, said growers are hoarding soybeans amid a drop in domestic prices, the company’s board chairman told Reuters. Coamo’s forward soybean sales for the 2022-23 crop are estimated at 5% of total projected output, compared with 25% to 30% last year at this time

Get the Pro Farmer analysis that’s not available online when you start a subscription. Just $1 for 1-month to try it out. Sign up here.

AgWeb-Logo crop
Related Stories
Boots-on-the-ground reports from Iowa to Ohio reveal mounting disease pressure, flood-driven replanting in Indiana and a growing need for rain.
Adjusting for inflation, the average size of farm operating loans during 2025 was 30% larger than the prior year.
While producers were aggressive sellers of soybeans last fall, they remained reluctant to move corn or wheat.
Read Next
Yield increase of 2.7 bu. per acre pushes carryout to 1.849 billion bushels, sending stocks-to-use back above 10%.
Get News Daily
Get Market Alerts
Get News & Markets App