Soy spot retreats slightly late in the day at CBOT

Closing at 4:30 pm (Brasília time), this Friday (26th), the March contract fell 0.75 points and 0.05% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1405.25 / bushel . May fell 3.25 points and 0.23%, to $ cents 1404.25 / bushel. The last session of the week was marked by the bearish bias of the previous day and lack of information on the global demand amid the coronavirus pandemic, mainly from China, even with the end of the Lunar New Year in the country. In addition, the weaker US financial and export records in the past week also resonated. The US Department of Agriculture (USDA, in English) reported yesterday (25) that 168,000 tonnes of the oilseed were registered in the week of February 17, compared to an expectation of 200,000 t to 800,000 t. 

This text was translated by machine from Brazilian Portuguese.