S&P Global to launch half-month average FOB Santos Brazil soybeans June 1

S&P Global Commodity Insights will launch two half-month averages for Platts SOYBEX FOB Santos Brazil soybeans, effective June 1, 2022.

S&P Global published a proposal for this April 8 in a subscriber note

The calculated values will bring greater transparency to the average of the half month daily FOB Santos US dollar per metric ton price assessment (SYBBB00). The first half-month average will be calculated using the daily price from the first to 15th day of the calendar month, the second half-month average will be calculated from the 16th to the end of the calendar month.

The two average calculations will be published in $/mt on Platts Agriculture Alert and under the oilseeds market data category.

Please send any feedback, questions or comments on the proposed half-month averages to americas_ags@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by S&P Global for public viewing. S&P Global will consider all comments received and will make comments not marked as confidential available upon requested.