SLC Agrícola S A : Strength of soybean fundamentals ensures market value
June 23, 2022 at 10:46 am EDT
Share
Strength of soybean fundamentals ensures market value
Despite feeling the current volatility of the global financial market, the Brazilian soybean maintains the strength of its fundamentals this Monday (June 13), according to the analysis of specialists. The resumption of lockdowns in China, which faces a new outbreak of Covid-19 worries all markets and increases risk aversion.
The relapse of Covid-19 in China, after a week of strong declines in the Asian stock markets, added to the uncertainties about the punctuation of the expected interest rate hike in the US, which worries the markets in general, and soybean is the derivative that should feel this movement more intensely.
Attachments
Original Link
Original Document
Permalink
Disclaimer
SLC Agrícola SA published this content on 23 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 14:45:03 UTC.
SLC Agricola SA is a Brazil-based company principally engaged in agricultural sector. The Company is active in the in the whole agricultural production cycle, which includes planning, purchasing supplies, soil preparation, planting and harvesting, as well as processing and storage, among others. The Company's activities are divided into two business segments: Agricultural production and Land portfolio. The Agricultural production division focuses on developing plantations of various crops, such as cotton, soybean, corn, wheat, coffee, sorghum, sugarcane and sunflower. The Land portfolio division is responsible for the acquisition and development of land for agriculture. The Company operates through a number of subsidiaries, such as Fazenda Planorte Empreendimentos Agricolas Ltda, SLC-MIT Empreendimentos Agricolas SA and Fazenda Parnaiba Empreendimentos Agricolas Ltda.