USA: Soybean continues the losses in Chicago, traders remain attentive to financial influences
대두
미국
게시됨 2023년 3월 22일
Tridge 요약
The soybean market continues to retreat this Wednesday (22) on the Chicago Stock Exchange, extending the lows of the previous session. Quotations fell from 3.75 to 9.25 points in the main maturities, with May being quoted at US$ 14.62 and July at US$ 14.44 per bushel. Traders remain very attentive to financial influences, especially in this "super Wednesday", when the market is aware of the new interest rates in the US and Brazil, by the Federal Reserve and the Copom, respectively. Expectations are high since the news of a new collapse in the North American banking system, which has already contaminated Europe as well. Among the fundamentals, few changes. The harvest continues to advance in Brazil and intensify the volume of available soybeans, however, with the outflow flow compromised. In Argentina, good rains are coming, however, too late for any reversal.
원본 콘텐츠
In terms of demand, purchases from China remain contained, eyes turned to the poor margins of pig farmers and stocks in the face of shipping difficulties in Brazil. The renewal of the agreement that guarantees the export corridor of agricultural products through the ports of the Black Sea region has exerted strong pressure on, mainly, the futures of wheat, corn and vegetable oils this week and is also on the horizon. "The extension of the export corridor continues to bring more supply to the market at low prices. Russian wheat is offered FOB Black Sea at US$ 295.00 per ton, the lowest value in two and a half years", informs Agrinvest Commodities. In addition to wheat, good volumes of ...