See soybean prices on a day when the dollar appreciated after Trump's threat

The Brazilian soybean market began the week with low supply and discreet movements. According to the consulting firm Safras & Mercado, prices were unstable, with some opportunities available, but with payment expected only in February 2025, which ended up discouraging negotiations. The rising dollar and the falling Chicago Mercantile Exchange (CBOT) had different impacts throughout the day. The appreciation of the dollar helped sustain prices in the domestic market, making Brazilian soybeans more competitive abroad. “On the other hand, the fall in futures in Chicago made the market more cautious, with many agents preferring to wait before closing new deals,” says the consulting firm, in a note. According to Safras & Mercado, the market's eyes turned to South America at the beginning of the week. Planting is progressing well in Brazil and Argentina, with favorable weather and expectations of good harvests. In this way, a fundamental scenario of ample supply of the oilseed is being ...