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Soybeans react, while corn and wheat remain cautious.

Grain markets operate at different paces in the international market, with investors attentive to the geopolitical landscape, harvests, and prospects for global trade. According to TF Agroeconômica, soy, corn and wheat They react to specific factors in Chicago and in the American markets, in an environment marked by commercial expectations and the flow of exports.

Soybeans rebounded in overnight trading in Chicago after two sessions of losses. The market is monitoring the meeting between the presidents of China and the United States, given the possibility of progress in trade relations. Among the points being observed are the potential removal of the Chinese tariff of 10% on American agricultural products, which are less competitive compared to South American exports, and a possible confirmation of new soybean purchases from the United States.

In the corn market, prices are showing slight fluctuations. Pressure comes from the progress of the American harvest, which could exceed 400 million tons for the second consecutive year, in addition to producers selling off existing stocks to free up space for the new crop. The market is also monitoring the potential effects of talks between China and the United States. The prospect of greater participation from the European Union, which needs to import more corn this season, remains a positive factor.

Wheat is trading slightly lower in US markets. Investors are assessing signs of possible peace talks in the Black Sea region and the clashes between Russia and Ukraine. In trade, cargo movement through the region remains restricted, especially to Ukraine. Both countries are seeking to expand alternative export routes, but volumes remain below the potential of traditional maritime routes.

THE MM Cereais works with the best grains on the market and also keeps you up to date with the latest news and analyses on agribusiness.
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