In the middle of soybean planting, report from Koniagro, In cooperation with miyazu data, reveals it The purchasing power of these grains for some inputs witnessed an improvement during last October compared to the same month in 2024. The same happened for some agricultural machinery goods. Oilseed prices witnessed a recovery, and on the other hand, there was a decline in some inputs such as agrochemicals.
According to the entity, soybeans experienced “significant changes in input-output relationships due to the residual impact on prices due to the temporary elimination of export duties.” He determined that this “allowed soybeans to show a recovery in purchasing power compared to the previous campaign in October 2025, although levels are still below the average of the past five years.”
Koniagro explained that phytosanitary products showed a 13% decrease in their value, which translates into greater purchasing power: he noted that today only 11.5 kg of soybeans are needed to purchase one liter of glyphosate.
“Farm machinery is also showing signs of improvement. While a farm machine will cost about $494,000 in 2024, it will be worth about $420,000 in 2025. Although still 5% higher than the historical average, the ratio has improved significantly: 1,245 tons of soybeans are now needed to purchase a harvesting unit, compared to 1,555 tons the previous year, representing a 30% improvement. The historical average is about 1,200 tons.”
Regarding trucks, the work reported that “the need today is 104 tons of soybeans, 18% less than in the previous campaign.”
“On the contrary, the relationship with land purchases follows a different dynamic. Throughout the year, strong purchasing power was maintained in relation to rural properties, with improvements of 20% compared to last year and 30% compared to the historical average,” he added. In the core corn area, 17% fewer tons of soybeans are needed for one hectare, according to the survey.
Meanwhile, according to Kuninagro, transportation costs remain a sensitive issue. He said: “Although freight rates show a 17% improvement over last year, current values are still 8% higher than the historical average. In October, a 300-km shipment was equivalent to 99 kg of soybeans, reflecting that despite the year-on-year improvement, operating costs are still high for the product.