Tridge summary
Soybeans began December in decline in the international market. According to an analysis by the International Center for Economic Analysis and Agricultural Market Studies (Ceema), for the period from November 28 to December 4, "soybean prices retreated in Chicago in these first days of December." The first month quoted closed on Thursday (4) at US$ 11.19 per bushel, down from the US$ 11.37 recorded on November 28.
Original content
Soybeans began December in decline in the international market. According to an analysis by the International Center for Economic Analysis and Agricultural Market Studies (Ceema), for the period from November 28 to December 4, "soybean prices fell in Chicago in the first days of December." The first month quoted ended Thursday (4) at US$ 11.19 per bushel, down from US$ 11.37 recorded on November 28. Ceema highlights that the average for November closed at US$ 11.23, "8.6% above the average for October," a performance attributed to China's return to purchasing soybeans from the United States amid trade negotiations between the two countries. A year ago, the monthly average was US$ 9.94 per bushel, which, according to the entity, "confirms the recovery of Chicago at this moment." In the global scenario, Brazil projects a harvest of between 177 and 178 million tons in the 2025/26 season, despite climatic problems in some regions, such as the Midwest and Rio Grande do Sul. Ceema ...
Source: Agrolink
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.