Soybeans in Chicago close stable

Soybeans traded on the Chicago Board of Trade (CBOT) closed virtually stable on Monday, reflecting investor caution ahead of the expected announcement of a U.S. government aid package for farmers. According to TF Agroeconômica, the market showed mixed behavior, with slight fluctuations in the main contracts for the oilseed and its derivatives. The November soybean contract closed with a slight decrease of 0.02%, quoted at $1,017.75 per bushel, while the January contract fell 0.12%, to $1,035.75. In the soybean complex, meal for October fell 0.70%, to $268.8 per short ton, and soybean oil registered an increase of 0.73%, trading at $49.79 per pound. The market adopted a technical stance, with traders making punctual adjustments before the release of the government package. The partial shutdown of the U.S. government contributed to the slowness in business, suspending important reports on the progress of the harvest and the conditions of the crops. "It has been quiet. We are waiting ...