On the BM&FBovespa, only cattle has gained in 2013
Under pressure from the advance of the grain and sugar cane harvests in Brazil, agricultural commodities traded on the futures market in São Paulo fell in April and deepened the downward trend for 2013. Among the five agricultural products traded on the Securities, Commodities and Futures Exchange (BM&FBovespa), live cattle are the only ones to show signs of growth.
Corn led the falls. In April (the month was closed on the 29th), the average price of grain fell by 8.09% on the previous month, to R$ 24.91 per bag. Compared with the average for December 2012, the fall was 22.88%.
The average price of soybeans fell by 3.33% in the month, to US$ 27.12 a bag. The grain has fallen by 11.04% compared with the average in December. Another product that fell in April was ethanol, whose futures fell by 1.33%, to R$ 1,154.38 per m3. This is 2% down on December.
In a widely unfavorable scenario, Arabica coffee futures held firm in April. They were stable (up by just 0.39%), at US$ 169.49 per bag. However, they have depreciated by 9.54% between January and April.
Information provided by Valor Econômico