Soybean prices are steadier at the end of the week; check regional quotes

The Brazilian soybean market closed the week with few deals and slight firmness in prices, according to analyst Rafael Silveira from Safras & Mercado. "Today, some offers emerged, but with little price variation," he noted. According to Silveira, the producer remains focused on planting, which has progressed well in the main regions. Despite the rise in the Chicago Board of Trade, the dollar's decline limited gains in the physical market. "In the new crop, some deals were made, but the overall pace remains very slow," the analyst added. Soybean futures on the Chicago Board of Trade (CBOT) closed Friday (17) higher, marking the third consecutive session of gains. The movement was supported by heated domestic demand and the signaling of dialogue between the United States and China, after weeks of trade tension. President Donald Trump stated that a 100% tariff on Chinese products "is not sustainable," which helped ease the markets. However, negotiations remain delicate after China ...