At 2:00 pm (Brasília time), this Friday (29), the March soybean contract advanced 14.25 points and 0.96% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1367.50 / bushel . May was up 13.00 points and 0.89% at $ 1364.50 / bushel. The market is following the signs of recovery in global demand positively, still in the midst of the coronavirus pandemic and news that 132 thousand tons of North American oilseed from the 2021/22 harvest were sold this morning to undisclosed destinations. The United States Department of Agriculture (USDA) also today reported a purchase of 2.108 million tonnes of maize 2020/21 to China. Yesterday (28), the country 1.7 million tons of the same harvest and 213.6 million tons went to undisclosed destinations. In addition, the movement of adjustments in positions after a drop of 21.50 points in the spot the day before continues to be felt in the session, despite the monitoring of the favorable climate for the South American harvest. The United States weekly export registration report also pointed out that the data were 435% higher than the projected weekly average, according to the USDA.
This text was translated by machine from Brazilian Portuguese.