Movements on the USA's Chicago Stock Exchange, soybean prices retreat in the face of climate challenges

This Monday morning (18), the Chicago Stock Exchange witnessed a drop in soybean prices, marking significant adjustments. At around 7:40 am (Brasília time), prices dropped between 6.25 and 6.75 points, taking the January figures to US$ 13.09 and May to US$ 13.36 per bushel. Derived products, however, remained stable. The market remains attentive to its fundamentals, highlighting the weather conditions in South America, but also observing the season in which business loses momentum, leading funds to seek position adjustments before the end of the year to ensure positive results. Despite this, in Brazil, the climate situation still raises concerns. "The weekend was marked by dry weather in the central and northern areas of Brazil, as well as in Paraná and Santa Catarina, with rain recorded only in Rio Grande do Sul and Argentina. The intense heat in the country is impacting the harvest, with temperatures exceeding 40 degrees in Mato Grosso and Goiás. Some areas of Mato Grosso, ...