Soy ends the day with moderate gains in CBOT

At the close at 4:30 pm (Brasília time), this Thursday (15th), the May contract jumped 8.25 points 0.59% on the Chicago Stock Exchange (CBOT), traded at US$ 1418.25 / bushel. July rose 8.75 points and 0.62%, at $ cents 1411.00 / bushel.

The session was positive, assimilating the information from the United States Department of Agriculture (USDA, in English) that the country's export sales records for 2020/21 soybean reached 90 thousand tons in the week ended on April 8, as well above the projected weekly average of 59 thousand t. In the 2021/22 season, 266 thousand tons were registered in the period, 264 thousand tons for the Chinese, but the total volume was 72.5% below the weekly average required for the harvest. As a result, market expectations increased around the improvement in global demand for US oilseeds in the face of the continuing uncertainties of the coronavirus pandemic and favorable climate for the country's crops. 

This text was translated by machine from Brazilian Portuguese.