Soybeans return to high trading on the Chicago Stock Exchange, riding the wave of corn recovery

After the suspension of tariffs imposed on Mexico by US President Donald Trump, the grain market returned to trading with strong gains on the Chicago Stock Exchange on Monday afternoon (3), taking soybean futures with it. At around 1:50 pm (Brasília time), the most traded positions rose between 13.25 and 15.50 points, with May being quoted at US$ 10.72 and July at US$ 10.86 per bushel. Among derivatives, the movement was more contained, with oil reducing its losses - but still operating in positive territory, with a gain of just over 0.9% - and bran starting to operate higher, although with a timid increase in relation to the others, of 0.5% and March worth US$ 302.50 per short ton. The market is closely following all the Trump administration's moves, fearing new - and perhaps more extensive - phases of the trade war, but aware that it will still face many days of speculation surrounding these tariffs. The values determined by the president remain in place for Canada and China, ...