Soybeans registered losses on the CBOT this Wednesday morning.

At 9:26 am (Brasilia time) this Wednesday (1st), the May soybean contract traded on Chicago Stock Exchange (CBOT) It registered a moderate decrease of 10.00 points and 0.85%, quoted at US$ cents 1,161.00/bushel, but with a gain in the partial week of 0.15%. The July contract retreated 9.50 points and 0.80%, to US$ cents 1,176.50/bushel – a weekly advance of 0.11%. In the last trading session (31), the futures they closed in high, with an advance of 0.97% for the May contract, to US$ cents 1,171.00/bushel, and a gain of 0.94% for the July contract, to US$ cents 1,186.00/bushel. Regarding the derivativesMeanwhile, oil and soybean meal fell by 1.39% and 0.32%, respectively.

Falling oil prices put pressure on the market.

This morning, the market reacted to the fall in international oil prices, amid the prospect of a de-escalation of the conflict in the Middle East. The reduction in tensions between the United States, Israel, and Iran diminishes the attractiveness of biofuels, directly impacting the demand for soybeans. Statements by US President Donald Trump reinforced this trend. The Republican stated that the country could end military attacks against Iran in two or three weeks and is expected to update the situation in a speech scheduled for 10 PM.

The US is expected to plant more soybeans in 2026/27.

Investors continue to react to the data released by U.S. Department of Agriculture (USDA) Regarding planted area and stocks. For the 2026/27 crop, US producers should sow 34.27 million hectares with soybeans, high of 4% compared to the previous cycle, but below market expectations, of 34.60 million hectaresAs for stocks in March 1st added together 57.28 million tonsabove the projection of 56.50 million tons.

Brazilian harvest remains on the radar.

Investors are also monitoring the progress of the harvest in Brazil, which is heading towards a… record harvestAccording to DATAGRO Grainsless than 25% of the area still remains to be collected, with data updated until last Friday (27). In the same period last year, the works were at 83%, while the average over the last five years is 76.3%.

This text was translated by machine from Brazilian Portuguese.