Grain market starts the day with firm prices

Wheat, corn, and soybean prices showed slight fluctuations this Friday, driven by fund repurchases and short-covering in the Chicago Board of Trade. According to TF Agroeconômica, wheat in Chicago for December 2025 closed at US$ 511.25 per bushel, while in Argentina, the harvest reached 5.3% of the planted area, with an average productivity of 18.7 t/ha and 88% of the crop in good to excellent condition. The Argentine national production remains estimated at 22 million tons, although the forecast of frost in the coming week could affect the filling of the spikes in key areas. In the soybean market, the November 2025 contract closed at US$ 1,043.25/bu, supported by expectations of a possible trade agreement between the United States and China. The confirmation of a meeting between the presidents of the two countries next week raised optimism, reinforcing China's demand for Brazilian and Argentine soybeans for future shipments. The global scenario, marked by the Russia-Ukraine ...