On a slow day, only one region shows an increase in soybean prices; find out which one

The Brazilian soybean market moved at a slow pace this Thursday (16). According to analyst Rafael Silveira from consultancy Safras & Mercado, oilseed producers remain focused on planting tasks following the return of rains to the Midwest. Silveira highlighted that physical prices did not change much, reflecting the exchange in a slight increase, the dollar with a small decline, and premiums practically stabilized. He observes that the week remains stuck, with a high spread between buyer and seller and low movement in the new crop. Soybean futures contracts closed higher this Thursday at the Chicago Board of Trade (CBOT). The market extended the recovery movement outlined at the end of Wednesday. The higher-than-expected crushing in September and the weakness of the dollar against other currencies ensured the increase. The North American Vegetable Oil Processors Association (Nopa) reported that soybean crushing reached 197.863 million bushels in September, up from 189.810 million ...