The July soybean contract traded on Chicago Stock Exchange (CBOT) The futures contract closed this Thursday (11) with a moderate drop of 8.00 points and 0.71%, quoted at US$ cents 1,115.00/bushel; the August contract fell 7.25 points and 0.64%, to US$ cents 1,120.50/bushel. For the week, futures accumulated partial losses of 0.58% and 0.49%, respectively. Regarding derivatives, the oil and the bran They depreciated by 1.17% and 0.07%, respectively. In this trading session, prices were pressured by the release of… Monthly Supply and Demand Report (Wasde) June, of United States Department of Agriculture (USDA)Since the first field survey of the 2026/27 US crop will only be released in August, the agency made only minor adjustments to its estimates. Among the changes, the USDA Argentina raised its projection for soybean production in the 2025/26 crop year to 50 million tons, up from the previously estimated 48 million tons. The department also revised upwards its global ending stocks of the oilseed, both for the current and next seasons. There were no changes to the production estimates for the US. USDA The forecast for the 2025/26 crop remained at 120.7 million tons, and the projection for 2026/27 remained at 115.99 million tons. On the demand side, the weekly export sales report showed sales of 211,000 tons of soybeans from the 2025/26 crop and 142,000 tons from the 2026/27 season in the week ending June 4th. These volumes were within analysts' expectations. Investors also monitored weather conditions in the Corn Belt, the main producing region for soybeans and corn in the United States. According to the daily weather bulletin… USDAStorms recorded the previous night caused localized damage from strong winds and hail, mainly in southeastern Nebraska and northern Missouri, with impacts extending to the Great Lakes region. In Oshkosh, Wisconsin, a wind gust of 151 km/h was recorded. "Early this morning, unsettled weather continues in the Midwest, with severe storms posing a widespread threat along an axis extending from Missouri to Michigan," reported the USDA. Despite isolated episodes of severe weather, overall conditions remain favorable for crop development. The latest report from Drought Monitor The study showed a three percentage point reduction in drought-affected soybean areas in the U.S., which now represent 25% of the cultivated area.
This text was translated by machine from Brazilian Portuguese.