See soybean prices in Brazil without the Chicago operation in the US

Published Feb 19, 2024

Tridge summary

The Brazilian soybean market experienced a slow day on Monday, with no operations on the Chicago Stock Exchange due to the President's Day holiday in the United States. Despite this, prices remained stable or slightly higher due to some market adjustments. Trading companies had been paying above average prices due to immediate needs. Meanwhile, the commercial dollar ended the session down 0.09%, trading at R$4.9615 for sale and R$4.9595 for purchase.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Monday was slow in the Brazilian soybean market, with no operations on the Chicago Stock Exchange, due to the holiday in the United States. Specific deals were recorded and prices ranged from stable to higher, with adjustments in some markets. The market is coming off a week with better deals, with trading companies paying above average prices due to immediate needs. The United States financial and agricultural markets did not operate on Monday the 19th due to the President's Day holiday. 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 ...

Source: CanalRural