According to Conab, the option to offer the product in the Pepro modality was taken after market analysis, which already shows a slight reaction of producer prices.
The premium amount is disclosed up to two days in advance of the trading session. The product’s destination restrictions are the same as those of the previous calls, ie it can not be sent to the states of the South, Southeast and Midwest, besides the states of Tocantins, Pará, Maranhão, Piauí and Rondônia.
In the most recent auctions of these prizes, carried out by Conab on the 19th of this month, Pepro traded around 2,65 thousand t, corresponding to 16% of the quantity offered. There were 2 thousand t for Santa Catarina and 650 t for Rio Grande do Sul. In the PEP, the negotiation was 74.5 thousand t, with 62 thousand for the RS and 12.5 thousand for SC, 83% of the total offered .