Soybeans advance amid demand expectations

The soybean market registered a moderate advance on a day marked by expectations of shipments and renewed attention to the pace of external purchases. The movement reflected the attempt by market players to follow the first signs of a resumption of demand, which remains slow for this time of year and keeps the sector in a permanent state of caution. TF Agroeconômica reported that negotiations on the Chicago Board of Trade ended Tuesday with small gains, in a session of adjustments in the face of limited flow of new information. The January contract closed with a gain of 0.11% and finished at 1124.75 cents per bushel, while March had an advance of 0.24% and ended at 1134.75. In derivatives, meal for December rose 0.89% and reached 317.0 dollars per short ton, influenced by international movement and the monitoring of demand behavior. Oil for December also advanced, with a gain of 0.24% and closing at 50.30 cents per pound. The consultancy highlighted that the support for prices ...