Soy plummets in Chicago – Agrolink Analysis
The price of soybeans on the Chicago Grain Exchange recorded a drop of 12.00 cents in the May/17 contract on Tuesday (03/07), closing at US$ 10.2525 per bushel. The July/17 contract fell 11.25 cents in the Dollar, while the August/17 contract depreciated 10.75 cents in the Dollar. The day was strong […]
Agriculture could increase GDP again in 2017
Economist Alexandre Cabral, from NeoValue Investimentos, states that the 6.6% drop in GDP in the agricultural sector in 2016 was a “surprisingly bad” result. However, he believes that “at the end of 2017 this number could be excellent, as we have the possibility of a record harvest (despite all the flow problems, such as […]
Brazilian harvest puts pressure on corn in the USA – Agrolink Analysis
The price of corn on the Chicago Grain Exchange recorded a drop of 2.50 cents in May/17 contracts on Tuesday (07.03), closing at US$ 3.76 per bushel. The other highlighted commodity positions on the CBOT closed the session with devaluations between 2.00 and 3.25 points. The North American corn market had […]