At 9:47 am (Brasilia time) this Friday (22) the July soybean contract traded on Chicago Stock Exchange (CBOTIt was operating with a slight increase of 3.75 points and 0.31%, quoted at US$ cents 1,198.00/bushel. The August contract advanced with the same intensity, to US$ cents 1,197.25/bushel. In the partial week, both assets accumulate gains of 1.78% and 1.76%, in this order. On the previous day (21), the oilseed futures closed in negative territory, with a drop of 0.46% for the July contract, to US$ cents 1,194.25/bushel, and of 0.48% for the August contract, to US$ cents 1,193.50/bushel. In the case of derivatives, the bran and the oil Oilseed prices rose by 0.61% and 0.16%, respectively. This morning, oilseed prices found support in the impasse in peace negotiations between the United States and Iran. According to media reports, the countries reached a disagreement over maintaining Iran's enriched uranium stockpiles and controlling the Strait of Hormuz. Given this scenario, international oil prices rose again, which tends to boost the competitiveness of grain and oilseed-based biofuels. Strong international demand also supported prices. U.S. Department of Agriculture (USDA) It was reported that net sales of soybeans from the 2025/26 crop totaled 351,000 tons in the week ending May 14, which was 62% above the average of the last four weeks. Regarding the weather in the Corn Belt region, the main soybean and corn producing area in the US, according to the daily bulletin… USDAThe cold weather persists in the agricultural belt, although no frost has been observed in the main production areas. "Rain showers are arriving from the south and west and have begun to spread across the Ohio Valley and the upper Midwest. With the arrival of cloud cover and rain, today's maximum temperatures in the Midwest should range between 15 and 21 °C," the document adds. On the radar, agents are assessing the increase in global demand, following upward revisions by the… International Grains Council (IGC) and by the Buenos Aires Grain Exchange (BCBA), which increased Argentina's 2025/26 soybean crop forecast from 48.6 million tons to 50.1 million tons.

This text was translated by machine from Brazilian Portuguese.