At the close at 4:30 pm (Brasília time), this Tuesday (30th), the May contract sank 26.25 points and 1.88% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1366.75 / bushel . July fell 7.50 points and 1.99% to $ 1357.75 / bushel. The day was pressured by the sharp devaluation of the price of soybean oil, in addition to the bearish movement of the last trading sessions. In addition, the market is concerned about the lack of signs of improvement in international demand for oil from the United States, still in the midst of the continuous spread of the coronavirus in the world, mainly in Europe. The harvest of Brazilian soybeans is also on the radar, after reaching 75.1% in the week of March 26, well above the average of the last five years of 72.6%.
This text was translated by machine from Brazilian Portuguese.