At 14h 34 (Brasília time), this Tuesday (26th), the March soybean contract advanced 30.75 points and 2.29% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1374.25 / bushel . May was up 30.25 points and 2.25% at $ 1373.00 / bushel. The maturities continue the gains of more than 31 points the day before and reflect the market's optimism about the recovery of the global demand for North American agricultural products with the vaccination of the coronavirus. The United States Department of Agriculture (USDA) today reported two sales of corn 2020/21 to China and unknown countries. Yesterday (25), the shipment bulletin of the oilseed pointed out that 1.979 million tons were totaled in the week ended on January 21, about 298% higher than the weekly average of 497 thousand tons. As a limiting factor for the increase, favorable weather conditions for the development of the season in South America remain on the radar, mainly in Argentina and Brazil.
This text was translated by machine from Brazilian Portuguese.