Soybeans for March delivery rose 1.6%, to $9.97 1/4 a bushel, on the Chicago Board of Trade on Thursday, as Brazil is about to start harvesting amid expectations of higher export volume.
Generally, harvest weather was favorable, but soybean dry down was not as early as previous years due to a wet first half of September. Strong wheat prices prompted many farmers to plant wheat ...
Brazil’s 2024/25 planting is virtually complete, consultants AgRural said on Monday, predicting a harvest of 171.5 million metric tons. Brazil is the world’s largest soybean producer and exporter.