The August soybean contract traded on Chicago Board of Trade (CBOT) The futures contract closed this Thursday (30) stable with a downward bias (0.75 points and -0.06%), quoted at US$ cents 1,177.25/bushel; the September contract fell 3.75 points and 0.32%, to US$ cents 1,172.25/bushel. In the partial week, the assets accumulate losses of 5.67% and 5.48%, in that order. As for derivatives, the bran and the oil Prices fell by 0.38% and 1.19%, respectively. In this trading session, prices were pressured by the forecast of rain over the Corn Belt, the main soybean and corn producing region of the United States, after a period of high temperatures and drier weather. According to the daily bulletin from… United States Department of Agriculture (USDA)Rain and storms are moving across the western portion of the region, including the states of Nebraska, North Dakota, and South Dakota, favoring the recovery of soil moisture. At the same time, the Drought Monitor USDA The report indicated a deterioration in moisture conditions in producing areas. The survey showed that 26% of soybean crops are located in drought-stricken regions, an increase of 8 percentage points compared to the previous week, when the index was 18%. On the demand side, the USDA The company confirmed a one-off sale of 132,000 tons of soybeans to China, reinforcing the interest of the world's leading importer in the US oilseed. Furthermore, weekly shipments totaled 1.635 million tons in the week ending July 23, with 302,000 tons relating to the 2025/26 crop and 1.333 million tons to the 2026/27 season. These volumes were within market expectations, helping to limit the losses recorded throughout the trading session.
This text was translated by machine from Brazilian Portuguese.