Soybeans in Chicago closed lower on the day.

Soybeans traded on the Chicago Board of Trade (CBOT) closed Friday (03) in decline, after a day of strong volatility. According to information from TF Agroeconômica, the movement reflected the rapid progress of the harvest in the United States and the absence of official data amid the U.S. government shutdown, which brought caution to the market and limited buying strength. The November contract fell 0.56%, or -5.75 cents/bushel, closing at US$ 1,018.00. The January position retreated 0.46%, or -4.75 cents/bushel, quoted at US$ 1,037.00. In the meal, October closed down 0.22%, at US$ 270.7/short ton, while soybean oil ended the day with a decline of 0.78%, at US$ 49.43/pound. Still, the week accumulated modest gains for the oilseed and meal. In the weekly total, soybeans advanced 0.42% (+4.25 cents/bushel), meal rose 0.7% (+1.9/short ton), while oil retreated -0.34% (-0.17/pound). The rise seen in part of the week was sustained by the expectation of an announcement of a government ...