At 9:24 am (Brasilia time) this Thursday (15), the July soybean contract traded on Chicago Stock Exchange (CBOT) The July futures contract registered a significant drop of 28.50 points and 2.32%, quoted at US$ cents 1,200.50/bushel; the August contract retreated 25.25 points and 2.06%, to US$ cents 1,198.25/bushel. For the week so far, the assets have accumulated losses of 0.50% and 0.31%, respectively. In the last trading session (14), the maturities closed in positive territory, with an increase of 0.18% for the July contract, to US$ cents 1,229.00/bushel, and 0.14% for the August contract, to US$ cents 1,223.50/bushel. In the case of derivatives, the bran and oil They depreciated by 1.51% and 1.72%, respectively. This morning, the market continues to monitor President Donald Trump’s visit to China, where he is participating in meetings with President Xi Jinping until Friday (15). Despite expectations of trade advances, international media reports indicate that discussions have focused more on geopolitical issues, such as Taiwan and the Strait of Hormuz, without any relevant announcements for the agricultural sector so far. In the weather, the weekly Drought Monitor report showed that the Corn Belt — the main soybean and corn producing belt in the US — recorded temperatures between 12°C and 15°C below average in much of the region during the late spring. While northern states, such as Minnesota, Iowa and Wisconsin, faced low humidity and advancing drought, areas in the southern belt received more substantial rainfall, favoring a partial recovery of conditions in parts of Kentucky and the Ohio Valley. On the demand side, the U.S. Department of Agriculture (USDA) It was reported that export sales of soybeans from the 2025/26 crop totaled only 102,100 tons in the week ending May 7. This volume represented the lowest recorded in the current marketing year, falling 28% below the previous week and 60% below the average of the four previous weeks.
This text was translated by machine from Brazilian Portuguese.