Abiove reduces forecast for Brazil's soybean harvest
The Brazilian Association of Vegetable Oil Industries (Abiove) estimated on Thursday that Brazil’s 2025 soybean harvest will be a record 169.6 million tons. Despite this, the entity slightly reduced its forecast by 0.8% compared to the March figure. Production in 2025, with the harvest almost complete, is expected to grow […]
Tariff relief boosts soybeans in Chicago
According to StoneX analysis, soybeans closed last week higher on the Chicago Stock Exchange. This occurred because, after a truce in trade tensions, the market reacted positively. More specifically, the price of the closest contract closed at US$1042.75 per bushel, which represents an increase of 6.7%. In addition, the recovery […]
