See soybean prices in Brazil and Chicago this Thursday

The Brazilian soybean market had a slow day, but with business records. Many producers maintain the stance of selling as little as possible. However, the costs begin to weigh on them and they are forced to sell at the market price. This Thursday (1), prices went from stable to lower in Brazil: Soybean futures contracts traded on the Chicago Board of Trade (CBOT) closed Thursday with lower prices. The fundamental scenario returned to command losses. Weak export numbers from the United States confirm weakening demand. On the other hand, the large South American harvest enters the market. The Brazilian harvest is progressing well and the attention of buyers, mainly from China, is turning to South America. In Argentina, planting has been completed and development has occurred without any major problems, with more than 50 million tons expected to enter the market. North American net exports of soybeans, referring to the 2023/24 season, starting on September 1st, stood at 164,500 tons ...