See soybean prices in Brazil on a holiday in the USA

Published Jun 20, 2024

Tridge summary

The Brazilian soybean market remained stagnant due to the closure of the Chicago Commodity Exchange (CBOT) and other U.S. financial and agricultural markets in observance of Juneteenth. Consequently, trading companies and producers refrained from negotiations, keeping prices stable. Meanwhile, the commercial dollar experienced a slight increase, closing the session up 0.15% at R$5.4412 for sale and R$5.4392 for purchase.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Brazilian soybean market had a difficult day. Without the operation of the Chicago Commodity Exchange (CBOT), due to the holiday in the United States, trading companies did not operate. Producers also did not negotiate and, therefore, prices remained the same, serving only as a reference. The United States financial and agricultural markets did not operate today, due to Juneteenth (referring to the end of slavery). As a result, the Chicago exchanges for grains and cereals (soybeans, by-products, wheat and corn), the financial market on Wall Street and the New York exchange for soft commodities (cotton, cocoa, coffee, orange juice and sugar) do ...
Source: CanalRural
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