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Measure that is part of the Asian country's efforts to limit dependence on imports.
At 7:56 am (Brasília time) this Friday (14), the May soybean contract on the Chicago Stock Exchange (CBOT) showed a slight drop of 6.00 points and 0.40%, quoted at US$ cents 1,495.00/bushel; July fell 5.75 points and 0.39%, at US$ cents 1,467.50/bushel.
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In relation to derivatives, oil and bran depreciated by 0.43% and 0.69%, respectively.
Yesterday (13), the oilseed spot fell 0.22, pressured by the loss of 0.52% of oil, reflecting the decline of more than 1% of WTI oil on the New York Commodity Exchange (Nymex).
This morning, information spread that China's Ministry of Agriculture had launched a three-year action plan to reduce the use of bran in animal feed, a measure that is part of the Asian country's efforts to limit dependence on soybean imports.
New information about the behavior of the global financial market, the war in Eastern Europe, the climate in South America and the Corn Belt and demand for North American products are still on the radar.
Source: datagro
