At 9:35 am (Brasilia time) this Wednesday (3) the July soybean contract traded on Chicago Stock Exchange (CBOT) The futures contract was operating with a moderate increase of 7.25 points and 0.62%, quoted at US$ cents 1,172.50/bushel. The August contract advanced 7.00 points and 0.60%, to US$ cents 1,176.00/bushel. On the other hand, in the partial week, both assets accumulate losses of 1.20%. In the last session (2), the July contract fell 1.31%, to US$ cents 1,165.75/bushel, and the August contract yielded 1.35%, to US$ cents 1,169.00/bushel. In the case of derivatives, the oil and bran Prices rose 1.28% and 0.49%, respectively. This morning, prices were supported by adjustments in positions, given the losses in previous sessions, as well as by the appreciation of oil in the international market, which favors biofuels made from oilseeds and grains. The new gains in the price of crude oil are driven by the resumption of hostilities in the Middle East and the lack of clear progress in negotiations between Tehran and Washington. Limiting further gains, data from United States Department of Agriculture (USDA) The data showed an accelerated pace in the planting of the 2026/27 oilseed crop. According to the agency, 87% of the planned area has already been planted, a rate higher than that observed in the same period last year and also above the average of the last five years. In addition, 66% of the crops were classified as good or excellent, practically stable compared to the 67% recorded in the previous week.
This text was translated by machine from Brazilian Portuguese.