At 9:55 am (Brasilia time) this Wednesday (18), the May soybean contract traded on Chicago Board of Trade (CBOT) It was operating with a slight decrease of 2.25 points and 0.19%, quoted at US$ cents 1,154.75/bushel, but a depreciation in the partial week of 5.75%. The July contract retreated 2.00 points and 0.17%, to US$ cents 1,169.25/bushel – a weekly loss of 5.52%. On the previous day (17), Assets closed in positive territory.with a rise of 0.15% for May, quoted at US cents 1,157.25/busheland of 0.32% for July, the US cents 1,171.25/bushelRegarding by-products, oil was up 0.11%, while soybean meal showed an upward trend.
Chinese demand remains the main driver.
This morning, prices were pressured by the prospect of reduction in Chinese demand for US soybeansThe move comes after US President Donald Trump announced the postponement of the trip to Beijingwhere he would meet with Chinese leader Xi Jinping. The meeting is considered strategic, as it could advance trade negotiations between the world's two largest economies and signal… largest volume of purchases of American soybeans by China., as stipulated in the agreement signed last October.
Brazil is also on the market's radar.
In South America, the market is following the negotiations between Brazil and China regarding Sanitary inspection and safety requirements for soybean shipmentsAccording to operators, stricter controls adopted by Beijing Brazilian shipments have been delayed during the peak season, increasing logistics costs and raising concerns about the pace of supply. Meanwhile, according to… DATAGRO GrainsThe harvest of the 2025/26 crop in Brazil reached… 61.1% of the cultivated areaThe pace is still below that observed in the same period last year (69.0%)but practically in line with average of the last five years (61.6%).
This text was translated by machine from Brazilian Portuguese.