At 2:28 pm (Brasília time), this Thursday (21st), the March soybean contract registered a slight increase of 3.75 points and 0.27% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1373.25 / bushel. May was up 4.50 points and 0.33% at $ 1371.75 / bushel. The session continues on the upside, assimilating the daily sales of soybeans, corn and durum wheat that the United States Department of Agriculture (USDA) reported earlier. About 136,000 tonnes of US soybeans were purchased by China to be shipped during the 2020/21 business year, alleviating fears about the country's demand amid the COVID-19 pandemic. Another 163,290 thousand tons of oilseed were sold to Mexico for the same season. The US weekly export records report will be updated tomorrow (22) by the Department due to the Martin Luther King Day holiday in the country earlier in the week. The technical movement of adjustments in positions after losses in the last three trading sessions also had repercussions, despite the accompanying improvement in the South American climate.
This text was translated by machine from Brazilian Portuguese.