Soy ends the day with significant gains at CBOT

At the close at 4:30 pm (Brasília time), this Wednesday (14th), the May contract jumped 20.50 points 1.48% on the Chicago Stock Exchange (CBOT), traded at US$ 1410.00 / bushel. July rose 17.50 points and 1.26%, at $ cents 1402.25 / bushel. The gains of the past few days reflected in the session, as did the market's expectation of recovery in demand and the global economy in the face of signs of control of the coronavirus pandemic. Despite the weak shipments of the American oilseed in the last week and a favorable climate for crops in the United States. This week, the US Department of Agriculture (USDA) reported a sale of 132,000 tonnes of soybeans to China with shipments during the 2021/22 business year. In addition to the sale of 110,000 tonnes of soy from the USA to Bangladesh. 55 thousand tons referring to the 2020/21 season and another 55 thousand tons, 2021/22. Tomorrow (15), the Department will update its report of export sales records for the US oilseed last week.

This text was translated by machine from Brazilian Portuguese.