Moderate frost drives soybean market

The session this Wednesday in Chicago was marked by recovery movements in the soybean market, in an environment influenced by technical adjustments and the perception of momentarily more attractive prices. After recent declines that pressured December quotations below eleven dollars per bushel, the scenario opened space for bargain purchases, favoring the moderate resumption of prices in the trading session. According to TF Agroeconômica, the January contract advanced 0.37%, closing at 1091.25 points, while March rose 0.25% and closed at 1101.00 points. The meal remained stable at 298.2 dollars and the oil registered a slight increase of 0.16%, to 50.81 dollars per pound-peso. Additional support came from quick sales of soybeans and meal, which helped to limit the day's volatility. TF Agroeconômica also highlights the release of the 2026 Outlook report, from CoBank, which points to a global oversupply of grains and oilseeds in the coming year, a factor that tends to keep prices ...