The July soybean contract traded on Chicago Stock Exchange (CBOT) closed this Tuesday (19) with a slight decrease of 3.50 points and 0.29%, quoted at US$ cents 1,209.50/bushel; the August contract fell 1.25 points and 0.10%, to US$ cents 1,209.75/bushel. In the case of derivatives, the oil and the bran Prices fell by 0.25% and 0.66%, respectively. In this trading session, the market experienced profit-taking after the strong gains of over 3% recorded in the previous session. The recent rally was driven by optimism surrounding the trade agreement signed between the United States and China, which foresees an increase in Chinese purchases of American agricultural products. Also weighing on prices was the accelerated progress of fieldwork in the Corn Belt, the region that concentrates US soybean and corn crops. According to data from… U.S. Department of Agriculture (USDA) Collected up to last Sunday (17), the planting of the 2025/26 soybean crop had already reached 67% of the planned area, above the 53% recorded on average over the last five years. In addition, 32% of the crops had already germinated, compared to 20% the previous week and the historical average of 23%. In the weather, the daily bulletin of USDA The report indicated unstable conditions in the corn belt due to the passage of a cold front. According to the agency, areas of the lower Missouri Valley continue to face flooding, with the Grand River, near Chillicothe, Missouri, reaching its highest level since May 2024. Despite some delays in final planting work, excess moisture continues to favor water reserves for crops in the American Midwest.
This text was translated by machine from Brazilian Portuguese.