The influence of export premium, exchange rate and foreign prices on the soybeans price in Brazil

Detalhes bibliográficos
Autor(a) principal: Souza, Gilmar Ribeiro de
Data de Publicação: 2013
Outros Autores: Oliveira, Sandra Cristina de, Santini, Giuliana Aparecida
Tipo de documento: Artigo
Idioma: por
Título da fonte: Latin American Journal of Business Management
Texto Completo: https://www.lajbm.com.br/index.php/journal/article/view/122
Resumo: This study aimed to confirm the hypothesis that prices received by Brazilian soybean producers are a function of three key variables: observed prices in the international market, which has as its main reference futures contracts traded on the Chicago Board of Trade (CBOT), the real/dollar exchange rate and soybeans export premium (Paranagua basis), using the statistical model of multiple linear regression. Secondarily, it sought to confirm the characterization of Brazil as a price taker in the soybeans international market. It verified that the model performed shown quite appropriate as it allowed us to analyze satisfactorily the relationship between the variables and conclude that the price received by Brazilian soybean producers are really a function of these variables, with foreign markets prices, based on the CBOT, and the exchange rate, the variables with the greatest effect on domestic prices.
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spelling The influence of export premium, exchange rate and foreign prices on the soybeans price in BrazilA influência do prêmio de exportação, da taxa de câmbio e dos preços externos sobre o preço da soja no BrasilSoybeansCommercializationPrice formationForeign pricesMultiple linear regressionSoja em grãoComercializaçãoFormação de preçoPreços externosRegressão linear múltiplaThis study aimed to confirm the hypothesis that prices received by Brazilian soybean producers are a function of three key variables: observed prices in the international market, which has as its main reference futures contracts traded on the Chicago Board of Trade (CBOT), the real/dollar exchange rate and soybeans export premium (Paranagua basis), using the statistical model of multiple linear regression. Secondarily, it sought to confirm the characterization of Brazil as a price taker in the soybeans international market. It verified that the model performed shown quite appropriate as it allowed us to analyze satisfactorily the relationship between the variables and conclude that the price received by Brazilian soybean producers are really a function of these variables, with foreign markets prices, based on the CBOT, and the exchange rate, the variables with the greatest effect on domestic prices.O presente trabalho teve como objetivo principal confirmar a hipótese de que os preços recebidos pelos produtores de soja brasileiros são uma função de três variáveis importantes: os preços observados no mercado internacional, que tem como principal referência os contratos futuros negociados na bolsa de Chicago (CBOT), a taxa de câmbio Real/Dólar e o prêmio de exportação da soja - base Paranaguá, utilizando, para isso, a metodologia de análise de regressão múltipla. Secundariamente, pretendeu-se confirmar a caracterização do Brasil como tomador de preços no mercado internacional da soja. Constatou-se que o modelo se apresentou bastante apropriado, pois permitiu analisar satisfatoriamente a relação entre as variáveis e conclui-se que o preço recebido pelos produtores brasileiros de soja é realmente função destas variáveis, sendo os preços no mercado externo, base CBOT, e a taxa de câmbio, as variáveis de maior efeito sobre os preços internos.edUNITAU2013-09-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionAvaliado por paresapplication/pdfhttps://www.lajbm.com.br/index.php/journal/article/view/122Latin American Journal of Business Management; Vol. 4 No. 1 (2013)Latin American Journal of Business Management; Vol. 4 Núm. 1 (2013)Latin American Journal of Business Management; v. 4 n. 1 (2013)2178-4833reponame:Latin American Journal of Business Managementinstname:Universidade de Taubaté (UNITAU)instacron:UNITAUporhttps://www.lajbm.com.br/index.php/journal/article/view/122/75Souza, Gilmar Ribeiro deOliveira, Sandra Cristina deSantini, Giuliana Aparecidainfo:eu-repo/semantics/openAccess2013-09-02T02:49:31Zoai:ojs2.lajbm.com.br:article/122Revistahttps://www.lajbm.com.br/index.php/journal/indexPUBhttp://www.lajbm.net/index.php/journal/oaimarcela.moraes@unitau.com.br||editor@lajbm.net2178-48332178-4833opendoar:2013-09-02T02:49:31Latin American Journal of Business Management - Universidade de Taubaté (UNITAU)false
dc.title.none.fl_str_mv The influence of export premium, exchange rate and foreign prices on the soybeans price in Brazil
A influência do prêmio de exportação, da taxa de câmbio e dos preços externos sobre o preço da soja no Brasil
title The influence of export premium, exchange rate and foreign prices on the soybeans price in Brazil
spellingShingle The influence of export premium, exchange rate and foreign prices on the soybeans price in Brazil
Souza, Gilmar Ribeiro de
Soybeans
Commercialization
Price formation
Foreign prices
Multiple linear regression
Soja em grão
Comercialização
Formação de preço
Preços externos
Regressão linear múltipla
title_short The influence of export premium, exchange rate and foreign prices on the soybeans price in Brazil
title_full The influence of export premium, exchange rate and foreign prices on the soybeans price in Brazil
title_fullStr The influence of export premium, exchange rate and foreign prices on the soybeans price in Brazil
title_full_unstemmed The influence of export premium, exchange rate and foreign prices on the soybeans price in Brazil
title_sort The influence of export premium, exchange rate and foreign prices on the soybeans price in Brazil
author Souza, Gilmar Ribeiro de
author_facet Souza, Gilmar Ribeiro de
Oliveira, Sandra Cristina de
Santini, Giuliana Aparecida
author_role author
author2 Oliveira, Sandra Cristina de
Santini, Giuliana Aparecida
author2_role author
author
dc.contributor.author.fl_str_mv Souza, Gilmar Ribeiro de
Oliveira, Sandra Cristina de
Santini, Giuliana Aparecida
dc.subject.por.fl_str_mv Soybeans
Commercialization
Price formation
Foreign prices
Multiple linear regression
Soja em grão
Comercialização
Formação de preço
Preços externos
Regressão linear múltipla
topic Soybeans
Commercialization
Price formation
Foreign prices
Multiple linear regression
Soja em grão
Comercialização
Formação de preço
Preços externos
Regressão linear múltipla
description This study aimed to confirm the hypothesis that prices received by Brazilian soybean producers are a function of three key variables: observed prices in the international market, which has as its main reference futures contracts traded on the Chicago Board of Trade (CBOT), the real/dollar exchange rate and soybeans export premium (Paranagua basis), using the statistical model of multiple linear regression. Secondarily, it sought to confirm the characterization of Brazil as a price taker in the soybeans international market. It verified that the model performed shown quite appropriate as it allowed us to analyze satisfactorily the relationship between the variables and conclude that the price received by Brazilian soybean producers are really a function of these variables, with foreign markets prices, based on the CBOT, and the exchange rate, the variables with the greatest effect on domestic prices.
publishDate 2013
dc.date.none.fl_str_mv 2013-09-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Avaliado por pares
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://www.lajbm.com.br/index.php/journal/article/view/122
url https://www.lajbm.com.br/index.php/journal/article/view/122
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://www.lajbm.com.br/index.php/journal/article/view/122/75
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv edUNITAU
publisher.none.fl_str_mv edUNITAU
dc.source.none.fl_str_mv Latin American Journal of Business Management; Vol. 4 No. 1 (2013)
Latin American Journal of Business Management; Vol. 4 Núm. 1 (2013)
Latin American Journal of Business Management; v. 4 n. 1 (2013)
2178-4833
reponame:Latin American Journal of Business Management
instname:Universidade de Taubaté (UNITAU)
instacron:UNITAU
instname_str Universidade de Taubaté (UNITAU)
instacron_str UNITAU
institution UNITAU
reponame_str Latin American Journal of Business Management
collection Latin American Journal of Business Management
repository.name.fl_str_mv Latin American Journal of Business Management - Universidade de Taubaté (UNITAU)
repository.mail.fl_str_mv marcela.moraes@unitau.com.br||editor@lajbm.net
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