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The soybean market makes profits this Wednesday morning (14) on the Chicago Stock Exchange. After gains of more than 2% – or around 30 points – in the previous session, around 7:55 am (Brasília time), prices fell between 4.75 and 6.75 points in the main maturities, with July being quoted at US$ 13.93 and November at US$ 12.34 per bushel.
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The scenario, however, is still the same for prices. The adverse climate in the USA continues to be the main vector driving prices and continues to provide important support for prices. The climate maps still indicate little rain for the coming days and weeks, in addition to July and August being expected to be hotter and drier.
At the same time, the market also remains attentive to the financial sector and, in particular this Wednesday, to the Federal Reserve meeting on the future of US interest rates. Decisions must affect the behavior of the dollar and, consequently, commodities.
Source: Carla Mendes | Notícias Agrícolas
