Soy gains strength this afternoon at the Chicago Stock Exchange

At 14h31 (Brasília time), this Tuesday (13th) the May contract registered gains of 10.50 points and 0.76% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1387.75 / bushel. July was up 8.75 points and 0.63%, at $ cents 1377.50 / bushel. Maturities operate on the positive side with technical adjustments in positions after falling 21 points the day before, weak shipments in the last week and favorable weather for crops in the United States. The market also assimilates sales reported to the US Department of Agriculture (USDA) yesterday morning and advances in vaccination against coronavirus, raising expectations of recovery in international demand. About 132,000 tonnes of soybeans were sold 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.

This text was translated by machine from Brazilian Portuguese.