At 2.29 pm (Brasília time), this Friday (26th), the May contract registered losses of 10.50 points and 0.74% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1403.75 / bushel . July fell 10.25 points and 0.73%, to $ cents 1394.25 / bushel. The oilseed follows the negative movement of the previous day, reflecting the market's concern with international demand amid the worsening of the coronavirus pandemic in Europe and Asia. Yesterday (25), the United States Department of Agriculture (USDA) reported that export sales records for oilseed 2021/22 reached 65,000 tonnes in the week ended March 18, 93.4% below the weekly average of 985 thousand tons projected by specialists. In addition, the favorable climate for the Brazilian soybean harvest is also on the radar, as it reached 65.1% of the estimated area for the 2020/21 harvest in the week ended on March 19, reaching the five-year average for the first time.
This text was translated by machine from Brazilian Portuguese.