The influence of export premium, exchange rate and foreign prices on the soybeans price in Brazil
Autor(a) principal: | |
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Data de Publicação: | 2013 |
Outros Autores: | , |
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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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 |
_version_ |
1809281663338807296 |