Monday began with significant increases in the grain market. From fyo highlight that, on the international front, grains on the CBOT showed significant improvements, driven by hopes of a trade agreement between the U.S. and China that would resume soybean purchases. On the local front, the futures market replicated the Chicago increases, while the dollar traded lower following the electoral victory of the National Government. The dollar that agriculture uses as a reference (BNA currency) fell 3.84% and closed at $0.426. Following are the prices negotiated in the local market: -Soybean: for discharge in Rosario, factories paid $480,000. While there was a camera condition for USD 337 for export. In the south, the reference was $480,000 for Bahía Blanca and $475,000 for Necochea. The futures market replicated the strong increases of CBOT, showing +2% gains. -Corn: for corn with discharge in UP River, USD 180 was paid. For deferreds, in July the value was at USD 172, with the offer ...
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