Despite this, reported the Rosario Stock Exchange (BCR), “The availability of supplies from the current US bean harvest is expected to trigger new demand from China in the future.”
In this framework, soybean oil was sold at $ 1,308.6 per ton, while flour was at $ 349.5, both for October, values well above $ 680 and $ 316. respectively, registered in May of last year.
The corn contracts, in turn, operated with slight profits due to technical purchases by part of the funds. Cereal rose 0.7% to US $ 203.14 per ton for December, price 71% higher than the one at the end of April last year.
Futures of wheat they also traded with rises. According to the monthly report of the Department of Agriculture, the projections are that there are smaller world stocks. Grain rebounded 1% u $ s 266.75 per ton, also for December, level 57% higher than that of the beginning of September 2020.
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