Soybeans close slightly higher in Chicago

Soybeans closed the session on Thursday with a slight increase on the Chicago Stock Exchange, with the market turning its attention to the activity in China, the main global importer of the oilseed. According to TF Agroeconômica, the behavior of Chinese purchases and signals in the domestic market of the Asian country sustained the moderate gains of the futures contracts. At the close of the day, the January contract advanced 0.60%, or 6.75 cents per bushel, being quoted at US$ 11.31.50, while the March expiration rose 0.53%, or 6.00 cents, to US$ 11.40.75 per bushel. In the soybean complex, meal for January had a slight increase of 0.03%, closing at US$ 317.10 per short ton, and soybean oil registered a more significant appreciation, with a gain of 1.13%, closing at US$ 50.87 per pound. The support of the prices was directly linked to China. In addition to a flash purchase of 264 thousand tons destined for Chinese ports, the country accounted for just over half of the weekly ...