The session saw a near 5% improvement in the nearest wheat contract.
Meanwhile, the August position of the soy climbed 2.1%either u$s11.48until the u$s550.15 the ton, while the September contract rose 2.7% either u$s13.69to end the day u$s513.22 the ton.
Its by-products accompanied the growing trend, with an improvement in the Soybean flour of 0.8% either u$s3.86until the $478.95 the ton, while the oil had a recomposition of 5.19%, either u$s68.78to end the day at $1,393.30 the ton.
For its part, wheat gained 4.6%, at $13.23, and ended operations in $298.63 the ton.
Meanwhile, the closest position of the corn rose 1.32%, a u$s3.15,until the u$s241.03due to purchases of opportunity by investors and commercials after more than 4% During last week.
“Also, the extreme heat wave recorded in Europe was an upward factor, which could affect cropsGranar noted.
Even so, increases in oils are limited by Indonesia’s palm oil export tax exemption, in order to increase shipments and reduce high domestic stocks. On the other hand, the Last week the funds slightly reduced their long position.
The grains moved away from the downward effect that occurs in the stock market on Wall Street. The New York Stock Exchange showed a drop in the wheelas a result of fluctuations in the figures of some bank balance sheets.
Topped the changing day on Wall Street’s index nasdaq which indicated a decrease in -0.6%, they followed him S&P 500 with a -0.54% and the dow jones with a -0.4%.
Source: Ambito
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