SSP

Brazil:

SSP 19-21 imported to Brazil lifted to $220-$240/mt CFR, up from $210-$240/mt CFR at last report. Low-end offers previously reported at $210/mt CFR were no longer available, sources said.

Supply of SSP 19-21 for both the 2023/24 soybean season and the 2024 corn safrinha was hard to come by at Rondonopolis, resulting in $450/mt FOB ex-warehouse pricing for limited offers, while SSP-23 was available for the corn safrinha at $395/mt FOB Rondonopolis. A lack of new negotiations for the 2024/25 harvest held forward references steady at $340-$370/mt FOB ex-warehouse.