Company Performance: Strong financial results, like increased revenue and profits, often lead to higher stock prices.

Industry Trends: Positive trends in the agricultural sector, particularly soy, can boost investor confidence and drive up the stock price.

Economic Conditions: A stable and growing economy generally supports higher stock prices, while recessions can negatively impact them.

Soybean Prices: As a company involved in soy production, fluctuations in global soybean prices directly impact revenue and profitability, affecting the stock price.

Government Policies: Agricultural subsidies, trade regulations, and other government policies can influence the profitability of soy production and the stock price.

Interest Rates: Higher interest rates can make borrowing more expensive for the company, potentially impacting profitability and the stock price.

Inflation: High inflation can increase production costs, potentially impacting profits and the stock price.

Exchange Rates: Fluctuations in the Brazilian Real (BRL) against other currencies can impact revenue and profitability, especially if the company exports its products.

Investor Sentiment: Overall market optimism or pessimism can affect stock prices, regardless of specific company performance.

Competitor Performance: The performance of key competitors can influence investor perceptions and affect the stock price.

Supply and Demand: Basic economics – higher demand for the stock coupled with limited supply will raise prices.

Global Events: Global events, such as geopolitical tensions or weather events affecting crop yields, can impact the agricultural sector and the stock price.