Soybeans fall in the USA's Chicago this Monday, with the market adjusting despite the still adverse weather in AMS

Soybean prices fell on the Chicago Stock Exchange this Monday morning (18). Around 7:40 am (Brasília time), prices dropped between 6.25 and 6.75 points, taking January to US$ 13.09 and May to US$ 13.36 per bushel. Among derivatives, stability. The market remains focused on its fundamentals, especially the South American climate, however, it is also already feeling the time when businesses lose strength and funds will seek to adjust their positions before the end of the year, guaranteeing good results. However, in Brazil, the climate scenario is still a concern. "The weekend was dry in the central and northern areas of Brazil, also in PR and SC, with rain only in RS and Argentina. The strong heat that hit the country is taking a chunk out of the harvest, with temperatures exceeding 40 Degrees in MT and GO. Some areas of MT that would only be harvested in January brought harvest forward due to drought and high temperatures, with large losses being reported", says the general ...