Agricultural markets operate mixed

Agricultural markets started Wednesday (5) with mixed movements in the main commodities. According to TF Agroeconômica, wheat is operating with a slight decline after three consecutive days of gains, reflecting profit-taking and the appreciation of the dollar against the euro, which reduces the competitiveness of American exports amid an abundant global supply. In the Chicago Board of Trade (CBOT), the December 2025 contract fell 2.25 cents, to US$ 548.00 per bushel, while the December 2026 contract dropped 3.25 cents, to US$ 605.50. In Brazil, the physical price fell 0.92% in Rio Grande do Sul, to R$ 1,071.21, and rose 0.21% in Paraná, reaching R$ 1,197.19 per ton. Soybeans, on the other hand, opened higher on the CBOT, driven by China's announcement that it will suspend part of the tariffs imposed on the US starting November 10, following a presidential meeting in South Korea. Despite the positive news, the tariff adjustment will raise the tax on American soybeans to 13%, which ...