At the close at 4:30 pm (Brasília time), this Thursday (29th), the May contract fell 16.25 points 0.98% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1542.50 / bushel. July fell 11.50 points and 0.76%, to $ cents 1502.25 / bushel. The United States Department of Agriculture (USDA) reported today that the country's export sales records reached 439,000 tonnes of 2021/22 soybeans in the week ended April 22, well below the 994,000 tonnes projected by analysts. Of the total, 198 thousand tons were destined for China. In the 2020/21 harvest, 292 thousand tons were recorded as export sales, well above the weekly average of 47 thousand tons. 62,000 tonnes destined for the Chinese, compared to the cancellation of 52,000 tonnes last week. In addition, the bearish movement of the past few days and the forecast of improved weather in the main soybean and corn crops in the United States starting next week have had repercussions. The recent worsening of COVID-19 in India against expectations of control of the disease and recovery of the global economy is also on the radar.
This text was translated by machine from Brazilian Portuguese.