Soy operates in a light fall this Tuesday at CBOT

Around 8h17 (Brasília time) this Tuesday (29th), soybeans on the Chicago Stock Exchange (CBOT) in the January contract operated in a fall of 2.25 points and 0.18%, at US$ cents 1,253.00. March retreated 2.75 points and 0.22%, at $ cents 1,254.50 / bushel. In the previous session, the January soybean contract fell 8.25 points and 0.65% at CBOT, trading at US$ 1255.25 / bushel. The March fell 7.25 points and 0.57% to $ 1257.25 / bushel. The soybean market continues to fall in this Tuesday night session with traders still assimilating the lack of news about the fulfillment of the partial of the trade agreement between China and the United States, in addition to the movement of realization of profits. The climate in South America showed signs of improvement for the development of the harvest, but it is still monitored by the market. In addition, the market is also supported by the weekly US shipments released the day before that were considered positive, in addition to sales. The US Department of Agriculture (USDA) reported that oilseed shipments totaled 1.45 million tonnes in the week of December 24, 48% below the previous week, but 116% above the weekly average.

This text was translated by machine from Brazilian Portuguese.