At 2:29 pm (Brasília time), this Thursday (18th), the March soybean contract fell 12.25 points and 0.89% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1371.25 / bushel . May fell 11.50 points and 0.83%, at $ cents 1372.25 / bushel. The session follows the negative bias of the previous day, following the market fears about the lack of news on Chinese demand, the North American offer even more limited by the intense cold in the country's Midwest, shipments already undermined and attention to the American climate. of the South. In addition, there is caution about the first estimates of the 2021/22 crop that the US Department of Agriculture (USDA) presents between today and tomorrow (19) at the Agricultural Outlook Forum. The market expects an increase in area for soybeans, corn and wheat compared to the 2019/20 season.
This text was translated by machine from Brazilian Portuguese.