Learn the soybean quotes on the last day of September

The Brazilian soybean market had yet another session marked by sluggishness. According to analyst Rafael Silveira from consultancy Safras & Mercado, it was another weak day, with American stocks weighing on soybean prices in Chicago and reflecting in the domestic market. According to him, the premiums could not compensate for the declines in the exchange and even retreated at some points. "The dollar also did not rise strongly, which reinforced the negative pressure. The buyer tries to hold on, the seller does not want to give in, and the result is a high spread with few deals," he explained. There were still reports of spot volumes in São Francisco do Sul (SC) and Paranaguá (PR), but without major movements. In Goiás, the market remains stalled, while in Mato Grosso do Sul some lots were traded. For the analyst, the producer's focus is now more on planting and, in some cases, on corn sales. Physical market prices in Brazil: In Chicago, soybean futures contracts declined this ...