The January oilseed contract rose 0.6% (US $ 2.94) to US $ 471.98 per ton, the highest since the end of September, while in March it did so for 0.80 (US $ 3.77) to end the day at 473.44 US $ per ton.
The improvement in the price of flour also added momentum, which during the day rose 1.9% (US $ 7.94) and closed at US $ 418.32 per ton, while oil fell 1.4% (US $ s16.98) and was positioned at $ 1,187.83 per ton.
For his part, corn gained 0.3% (US $ 0.79) and was positioned at US $ 233.55 per ton, due to the dry weather forecast for the coming months in South America.
“Long-term forecasts indicate elevated temperatures and below-normal rainfall, which could affect production in the region and support prices,” noted the Rosario Stock Exchange (BCR).
Finally, wheat increased 0.6% (US $ 1.65) and stood at US $ 284.76 per ton, as a result of good international demand for the crop and adverse weather for production in the United States.
Source From: Ambito
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