At 9:40 am (Brasilia time) this Friday (10), the August soybean contract traded on Chicago Board of Trade (CBOT) It was operating in stability with a downward bias (0.50 points and -0.04%), quoted at US$ cents 1,177.25/bushel. The September contract showed the same direction, at US$ cents 1,169.25/bushel. In the partial week, on the other hand, futures accumulate gains of 3.59% and 2.93%, respectively. Yesterday (9), the assets closed in negative territory, with declines of 1.30% and 1.14%, at US$ cents 1,177.75/bushel and US$ cents 1,170.00/bushel, in that order. As for derivatives, the bran It fell 0.16%, while the bran It was up 0.34%. This morning, investors adopted a more cautious stance while awaiting the release of the monthly supply and demand report (Wasde). United States Department of Agriculture (USDA)The report will be based on average productivity over the last five years and the final planted area data released by [source missing]. USDA June 30th. According to the survey, the area destined for soybean cultivation in the 2026/27 crop year was estimated at 34.56 million hectares, a 5% increase compared to the previous cycle. The first estimates based on field surveys should only be incorporated into the August report. In foreign trade, the USDA It was reported that weekly soybean sales totaled 462,000 tons, with 54,000 tons from the 2025/26 crop and 408,000 tons from the 2026/27 season. The volumes were in line with market expectations. Weather conditions in the U.S. Midwest also remain on the radar. According to the Weather Prediction Center (WPC) of the National Weather Service (NWS), the forecast indicates intensified heat in the coming days, accompanied by continued storms and heavy rains in important producing regions. "The slow-moving frontal system will continue to favor new rounds of storms, some potentially severe, between the Central Plains and the east-central United States. These systems are expected to bring significant rainfall accumulations over the next few days," the NWS reported.
This text was translated by machine from Brazilian Portuguese.