Soy plummets more than 34 points at the end of this Thursday at CBOT

At the close at 16:30 (Brasília time), this Thursday (31), the May contract fell 34.75 points 2.42% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1402.00 / bushel. July lost 31 points and 2.17%, at $ cents 1396.75 / bushel. The first session of April received pressure from technical profit-making movements after a 70-point high limit the day before with the intention of planting the 2021/22 oilseed from the United States Department of Agriculture (USDA). The export sales records for North American soybean 2021/22 also reached 131 thousand tons in the week ended on March 25, 86.6% below the weekly average of 982 thousand tons. In this period, there were no records of sales destined for China. In addition, the market is attentive to the recent growth of cases, deaths and hospitalizations caused by the coronavirus in European countries, which have again imposed stricter measures of social restriction.

This text was translated by machine from Brazilian Portuguese.