The May soybean contract traded on Chicago Stock Exchange (CBOT) It closed this Thursday (30) with a downward bias (0.25 points and -0.02%), quoted at US$ cents 1,182.00/bushel, but with gains in the partial week and in the month of 1.57% and 0.94%, in that order. The July asset retreated 1.50 points and 0.13%, to US$ cents 1,195.50/bushel – a gain in the week of 1.44% and in the month of 0.80%. As for derivatives, the bran It depreciated by 1.74%, while the oil It rose 1.39%. In this trading session, prices were pressured by profit-taking, given the partial gains for the week and the month, as market participants reacted to new weather updates in the United States. According to the report monitoring drought areas in the country, the Drought MonitorThe soybean-producing region recorded a reduction in drought-affected areas, from 30% to 27% in the week ending April 28. Despite the decrease, the area remains 12 percentage points higher than a year ago. Earlier, the National Weather Service (NWS) The US agency reported that a frontal system is expected to bring rain and thunderstorms to the Corn Belt region, an area encompassing US soybean and corn crops. According to the agency, widespread and persistent rain is expected in Texas and the southern plains on Thursday, before stabilizing on the Gulf Coast. A mass of moisture is forecast to converge with the stationary front, resulting in hours of continuous rain. Regarding international demand, the… U.S. Department of Agriculture (USDA) It was reported that export sales totaled 258,000 tons of soybeans from the 2025/26 crop in the week ending April 23. This performance was in line with market projections of between 200,000 and 600,000 tons. On the radar, market participants continue to monitor the peace negotiations between the US and Iran, which led to a surge in oil prices on the international market. Despite the reduction observed during today's session, prices remain at high levels.
This text was translated by machine from Brazilian Portuguese.