At 2.30 pm (Brasília time), this Tuesday (30), the May contract registered a drop of 24 points and 1.72% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1369.00 / bushel. July was down 25 points and 1.80%, at $ cents 1360.25 / bushel. The second session of the week continued the negative bias of the past few days, strongly pressured by the 4.72% drop in the soybean oil spot. In addition to monitoring the harvest of Brazilian oilseeds. Market fears are also focused on the absence of significant news about the global demand for US soybeans. In addition, countries in Europe again registered an increase in the number of cases of coronavirus infection, increasing the chances of resuming stricter social restriction measures. On the other hand, yesterday (29), the United States Department of Agriculture (USDA, in English) reported that shipments of oil from the country reached 425 thousand tons in the week ended on March 25, 36.6% above the average 311 thousand t weekly rate projected for the 2020/21 harvest.
This text was translated by machine from Brazilian Portuguese.