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14/02/2025

Soybeans rise again in Chicago on Friday as commodities rise across the board

Soybean prices rose again on the Chicago Stock Exchange on Friday morning (14). The market found room for adjustment after the lows of the last few sessions and, at around 8.30 a.m. (Brasília time), prices were up between 9 and 10.50 points, with the strongest gains in the nearest contracts. May was quoted at US$ 10.57 and July at US$ 10.72 per bushel.

Agricultural commodities are up across the board, supported by a day of considerable falls in the dollar index - which once again lost the 107-point level - and part of the stimulus for soybeans comes from wheat, which is up more than 2% this trading session, also supported by its consolidated bullish fundamentals. 

In addition, the soybean market, in particular, is also looking at the progress of the trade war and Donald Trump's tariff policy, China's need for oilseeds, the delay in the arrival of Brazilian supplies and the weather for the conclusion of the harvest in South America.

Source: Notícias Agrícolas