Soybean market maintains rise and volatility

According to the weekly analysis by the Mato Grosso Institute of Agricultural Economics (Imea), released on Monday (24), the price of soybeans on the CME Group, in the current contract, closed the week with an average of US$ 11.39 per bushel, an increase of 1.57% compared to the previous period. The report points out that the movement is related to China's return to purchasing soybeans from the United States, favored by the reduction in import tariffs. However, the document states that "the Asian power's appetite is still below what the market expected," which keeps stocks high in the US and limits advances in Chicago. In Brazil, Imea highlights that the external appreciation helps to sustain domestic prices, even with the gradual drop in premiums at the ports. Analysts note that for shipments until the end of the year, the premiums remain positive, but the scenario changes for contracts with maturities starting from February 2026, which already present negative premiums. The ...