Soy spot shoots 29 points at the end of the day at CBOT

At the close at 4:30 pm (Brasília time), this Monday (26th), the May contract jumped 29.25 points 1.90% on the Chicago Stock Exchange (CBOT), traded at US$ 1569 / bushel. July was up 23.25 points and 1.53% at $ 1539.25 / bushel. The market starts the week reflecting the news from the United States Department of Agriculture (USDA, in English) that there was a sale of 120 thousand tons of the North American oilseed 2021/22 to undisclosed destinations. In addition to monitoring the climate in South America and forecasting the continuity of extreme cold in the main soybean and corn crops in the United States in the last days of April. Despite this, US soybean shipments reached 234,000 tonnes in the week of April 22, below the weekly average of 357,000 t forecast by analysts.

This text was translated by machine from Brazilian Portuguese.