Relação entre o custeio da soja nas principais cidades-polo brasileiras e o comportamento do petróleo

Abstract

This research investigates causality between oil prices and soybean prices in Brazil, and if it exists, its correlation coefficient. This inquiry was done in a descriptive fashion, quantitatively looking at data provided mainly by Conab and Index Mundi. The data was analyzed using statistical methods to identify behavioral association between the commodities. The results indicate that the effect of oil prices on soybean varies across major agricultural commodities growing regions. However, when taking into account all the variables analyzed, the findings suggest that there is indeed a causal relationship when looking at the majority of the Brazilian cities.