At 2:30 pm (Brasília time), this Monday (25th), the March soybean contract jumped 38.75 points and 2.95% on the Chicago Stock Exchange (CBOT), traded at US$ 1349.50 / bushel . May was up 37.75 points and 2.88%, at $ cents 1349.00 / bushel. The market follows the movement of adjustments in positions after falling more than 58 points in the spot last Friday (22) and the report of the United States Department of Agriculture (USDA). Shipments of the North American oilseed totaled 1.979 million tonnes in the week ended on January 21, a 13% drop from the previous week, but 298% above the weekly average of 497 thousand t forecast for the 2020/21 harvest. In a negative aspect, investors keep an eye on the spread of coronavirus and the favorable climate for crops in South America, mainly in Argentina.
This text was translated by machine from Brazilian Portuguese.