Soybeans close the week higher due to strong demand.

THE soy The market closed the day and the week higher on international markets, supported by Chinese demand, gains in derivatives, and technical buying. According to data from the Chicago Board of Trade (CBOT), the September contract rose 1.57% to US$ 12.7625 per bushel, while November advanced 1.58% to US$ 12.88 per bushel.

The movement pushed the oilseed to a 26-month high and marked the third consecutive week of appreciation. In the weekly total, soybeans gained 4.12%, while soybean meal advanced 6.32% and soybean oil rose 1.94%. Soybean meal was favored by expectations of greater use in animal feed due to lower corn supply in the United States, and soybean oil followed the rise in oil prices and proposals to expand biofuel quotas to 2027.

The USDA reported sales of 182,000 tons of soybeans to China and 226,000 tons to undisclosed destinations from the 2026/27 crop, in addition to 200,000 tons of soybean meal to Germany and the Netherlands. The market also anticipates a continuation of the pace of Chinese purchases until the meeting between Donald Trump and Xi Jinping, scheduled for September.

In Brazil, prices showed distinct movements. In Paraná, the Esalq/B3 indicator for Paranaguá reached R$ 159.76 per sack, an increase of 3.04%. In Rio Grande do Sul, excess moisture is delaying winter crops and may reduce the 2026/27 soybean planting window. In Santa Catarina, demand from the agribusiness sector is sustaining premiums in the physical market. Mato Grosso do Sul is keeping an eye on the sanitary break, while Mato Grosso faces dry soil and a need for 30 to 50 millimeters of rain before planting. In some markets, however, the day's prices fell, showing that the external reaction has not yet been uniformly reflected in the domestic market.