At 9:24 am (Brasilia time) this Tuesday (21), the August soybean contract traded on Chicago Board of Trade (CBOT) It was operating with a moderate decline of 9.25 points and 0.75%, quoted at US$ cents 1,216.75/bushel. The September contract retreated 5.75 points and 0.47%, to US$ cents 1,209.75/bushel. On the previous day (20), the assets closed higher, with an appreciation of 1.78% and 1.84%, quoted at US$ cents 1,226.00/bushel and US$ cents 1,125.50/bushel, in that order. As for derivatives, the oil It was losing 0.36%, while the bran The market was operating with an upward bias (+0.06%). This morning, the market was pressured by profit-taking after yesterday's gains, in addition to the repercussions of the weekly report. United States Department of Agriculture (USDA), which showed improvement in crop conditions in the United States. According to USDAThe percentage of soybean crops classified as good or excellent rose from 65% to 66% in the week ending July 19. The report also pointed to progress in crop development, with 66% of areas in flowering and 32% in the pod formation stage, both at a faster pace than recorded in the same period of 2025. Weather conditions remain on investors' radar. According to the National Weather Service (NWS)A new wave of extreme heat is expected to hit areas between southern Kansas and southern Indiana on Tuesday. At the same time, rainfall is forecast for parts of Ohio, northern Missouri, and southwestern Iowa, which may alleviate water stress in some crops. Precipitation in the Delta region is also expected to help maintain soil moisture, although producing areas in the northern Corn Belt may still experience increased drought. In addition, investors continue to react to the weekly shipping data released by [source missing]. USDAIn the week ending July 16, the United States exported 297,000 tons of soybeans, a volume below market expectations, which ranged between 400,000 and 600,000 tons.
This text was translated by machine from Brazilian Portuguese.