At 9:34 am (Brasilia time) this Monday (8), the July soybean contract traded on Chicago Stock Exchange (CBOT) The futures contract registered a slight decrease of 4.75 points and 0.42%, quoted at US$ cents 1,116.75/bushel. The August contract retreated with the same intensity, to US$ cents 1,121.25/bushel. In the last session (5), the assets closed in negative territory, with declines of 0.71% and 0.57%, quoted at US$ cents 1,121.50/bushel and 1,126.00/bushel, respectively. For the week, futures accumulated losses of 5.50% and 5.40%, respectively. In the case of derivatives, the bran and oil They fell 0.58% and 0.69%, respectively. This morning, the market remains pressured by favorable prospects for the 2026/27 US crop and the absence of concrete signs of increased Chinese purchases of US agricultural products, despite commitments made between Washington and Beijing to expand agricultural trade. In the field, the US National Weather Service (NWS) The report indicated that showers and thunderstorms are expected across much of the Corn Belt, the country's main soybean and corn producing region. "Moisture flowing north over the Mississippi Valley will produce showers and thunderstorms with heavy rainfall in the Upper and Middle Mississippi Valley, the Ohio Valley, and the Tennessee Valley," the NWS reported. Given the forecast, the Rain Prediction Center (WPC) issued a light risk alert for excessive rainfall until Tuesday morning (9). According to the agency, the greatest impacts are expected in urban areas, roads, small waterways, and low-lying areas, with the possibility of localized flooding. Finally, greater losses were limited by increased tensions in the Middle East, where Israel carried out new attacks against Iranian military installations, raising doubts about the ceasefire in the region and increasing oil prices. On investors' radar, the U.S. Department of Agriculture (USDA) The company will release its weekly shipping reports later today, along with updates on the development stages and conditions of U.S. crops. This data could provide new indicators of the crop's yield potential and the pace of international demand for the oilseed.
This text was translated by machine from Brazilian Portuguese.