At 2:29 pm (Brasília time), this Tuesday (2nd), the March soybean contract retreated 20.00 points and 1.46% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1345.25 / bushel . May was down 19.50 points and 1.43% at $ cents 1343.00 / bushel. The market continues to be influenced by the bearish movement of the day before with profit taking after recent gains and attention around the climate issues in South America. In addition, the market assimilates the impacts of the low oil supply in the United States amid the recent warming of the global demand for soy and other agricultural products in the country. Yesterday (01), the Philippines bought 133 thousand tons of oilseed 2020/21. The vaccination of coronavirus in the world is also being monitored and considered slow. Rigid and restraining social measures lockdowns have been resumed in recent weeks in countries in Europe, Asia and America.
This text was translated by machine from Brazilian Portuguese.