Soybean Week: Market in focus
According to a market analysis by Grão Direto, the next few days will be decisive for the formation of soybean prices in Brazil. Weather conditions continue to be a determining factor, with forecasts of persistent rains in much of the country, mainly in the Central-West, Southeast and North regions, due to the influence of the La Niña phenomenon. Despite the […]
Chicago: Soybeans advance on the day, but accumulate weekly decline
Soybeans traded on the Chicago Board of Trade (CBOT) closed Friday higher, driven by the reduction in the Argentine harvest estimate and the increase in Chinese purchases of bran. However, according to an analysis by TF Agroeconômica, the accumulated price for the week has fallen. In this context, the consultancy reported today that the March contract rose 0.58%, […]
