Soybeans fell in Chicago due to lower demand from China.

The international grain market maintained a negative pace and reflected a new round of pressure on the oilseed, which retreated again amid below-expected Chinese demand. In Chicago, the session ended with losses in the main contracts, also influenced by the weakening of by-products throughout the trading day. The January contract closed at 1122.50 cents per bushel, a drop of 1.21%, while March fell 1.09% to 1132.00 cents. In the meal, December retreated 1.54% and ended the day at 314.0 dollars per short ton. The oil followed the negative movement, with a decrease of 0.86% and a final adjustment at 50.66 dollars per pound. Consultancies pointed out that possible changes in the use of biofuels in the United States have been reducing the margins of the oil, which adds pressure on the complex. Chinese demand also weighed, even after the announcement of a sale of 462 thousand tons on the day, cited in the context of trade negotiations between the two countries. The volume, however, did ...