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Last week, Brazil soybean CNF premium and discount quotes slightly declined.
Last week, Middle East geopolitical conflicts escalated, leading to continuous increases in international crude oil prices. U.S. soybean prices also rose, reaching their highest level since June 2024. The Brazil soybean CNF premium/discount quotes slightly declined. On March 6, the CNF premium/discount quotes for Brazil soybeans exported to China for the April and May 2026 shipping periods were 108 cents/bushel and 116 cents/bushel, respectively, down 2 to 4 cents/bushel from the same period last week. (National Grain and Oil Information Center)