Rising prices amid small businesses: the soybean market

Soybean prices in Brazil's main trading centers rose due to an increase in the international market, particularly on the Chicago Stock Exchange. The rise was driven by good demand for North American soybeans and forecasted dry weather in Argentina. Soybean futures contracts on the Chicago Board of Trade recorded strong increases, with soybean meal leading the gains and soybean oil experiencing a drop. The commercial dollar ended the day down 0.11%.

Soybean prices rose this Thursday (26) in Brazil's main trading centers, driven by appreciation in the international market, especially on the Chicago Stock Exchange. Market activity was limited, with only small lots being traded. Most agents remain out of the market, returning only in 2025. Check out the latest information on agriculture, livestock, the economy and weather forecasts in the palm of your hand: follow Canal Rural on WhatsApp! Soybean futures contracts on the Chicago Board of Trade (CBOT) recorded strong increases, driven by good demand for North American soybeans and the forecast of dry weather in Argentina, which favored the appreciation of the grain. Soybean meal led the gains, with a significant increase, while soybean oil registered a drop. Soybean futures for January rose 1.3% to close at US$9.88 per bushel, while soybean meal for the same ...