At the close at 4:30 pm (Brasília time), this Thursday (28th), the March contract fell 21.50 points and 1.56% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1353.25 / bushel . May fell 21.75 points and 1.58% to $ 1351.50 / bushel. The commodity was pressured by the market's apprehension around the economic improvement and global demand still amid the continuous spread of the coronavirus. Despite the vaccination of the disease and recent reports of daily sales of agricultural products from the United States. In addition, there was an influence of technical profit-making movements and the continuity of the favorable climate for crop development in South America. On a positive note, the United States Department of Agriculture (USDA) reported that registration of oilseed exports for the 2020/21 harvest totaled 466 thousand t in the week of January 21, 435% higher than the projected weekly average. On the other hand, there was a weekly drop of almost 63% for shipments to China. In the 2021/22 harvest, records stood at 1.564 million tons, above the weekly average of 1.014 million tons.
This text was translated by machine from Brazilian Portuguese.