Soy operates with moderate rise in CBOT

At 2.30 pm (Brasília time), this Wednesday (03), the March soybean contract jumped 12.50 points and 0.92% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1367.25 / bushel . May was up 12.75 points and 0.94% at $ cents 1363.50 / bushel. Maturities reflect the technical movement of adjustments in positions after losses at the beginning of the day and in previous sessions. The market also continues to monitor coronavirus vaccination around the world, the climate in South America and the harvest of Brazilian soybeans delayed by late planting. In addition, there are expectations of new purchases for agricultural products from the United States later this week after signs of improvement in global demand in recent days. On Monday (01), the Philippines bought 133,000 tons of oilseed 2020/21. 

This text was translated by machine from Brazilian Portuguese.