It rose more than US$12: after a setback, soybeans rebounded in the international market and remain at the highest value in 17 months.

The grain market week began with a strong rebound for soybeans on the Chicago Board of Trade, the world's leading exchange. After falling by US$8.27 per ton last Friday, prices today rose again and remain at the highest level in the last 17 months. The January 2026 contract closed at US$425.22 per ton, an improvement of US$12.04 over last Friday. This movement is closely followed in Argentina, because a stronger external market supports local values and expectations for new soybeans. According to analysts, this rebound occurred for two reasons: on the one hand, the statements by Donald Trump, who said that China would again buy large volumes of US soybeans before the northern spring; on the other hand, the data that in October last year, the crushing in the United States was the highest in history. Eugenio Irazuegui, analyst at Zeni, detailed: "The quotations were above Thursday's highs and marked new levels since early July 2024," he pointed out. He also highlighted the two ...