Soybeans stabilize in Chicago

The price of soybeans on the Chicago Grain Exchange registered an increase of 0.75 cents of Dollar on Thursday (21.09) in the November/17 contract, closing at US$ 9.7075 per bushel. The other outstanding maturities of the commodity on the CBOT also closed the session with gains of 0.50 points. The day was one of stability in the main futures prices of the North American soybean market, with slight gains in the main contracts. With technical movements to readjust positions, investors received positive news, such as the new export sales report. However, the good progress of the new harvest inhibits any sharper gains.

Source: Agrolink

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