Soybeans do not stop the upward climb in Chicago and exceed $580

Soybeans do not stop the upward climb in Chicago and exceed 0

While oil increased US$8.16 to US$1,542.33 per ton; and flour earned US$2.76 to US$519.18. Similarly, corn was trading on the rise for the sixth consecutive day in Chicago “due to the need for more rains in areas of the soybean and corn belt and due to excess humidity in the southern United States, where harvesting tasks are slowed down. early”.

Adverse environmental conditions for crops in Europe add to the upward trend of corn”Granar said. In this framework, corn was quoted at US$263.87 per ton, with an increase of US$4.04 (1.55%).

Meanwhile, wheat prices were trading higher in Chicago and Kansas for the fourth day in a row. “Beyond the buying action of the funds and the end of the US winter harvest, among the factors that could strengthen the price level is the rigorous climate for spring crops in the European Union and the tension that is being experienced in the Black Sea area, on Ukraine’s Independence Day,” the analysis stated.

This made Wheat will be priced at US$292.20 per ton, with an increase of US$4.59 (1.59%) in Chicagowhile in Kansas it was US$332.44 and an increase of US$8.18 (2.52%).

Source: Ambito

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