Soybeans react, wheat rises, and corn worries the market.

The grain market began Tuesday with a recovery. soy abroad, appreciation of requests by wheat available and attention to the pace of North American harvests. According to TF Agroeconômica, at the opening of markets this Tuesday (20), Chinese demand and financial indicators also influenced expectations for prices.

In the wheat market, sellers raised their asking prices for available lots in the South. In Verê (PR), an offer of 300 tons was indicated at R$ 1,650 per ton, while in Água Santa (RS) a lot of 500 tons of improver wheat reached R$ 1,730. In Lagoa Vermelha (RS), 3,500 tons of bleaching wheat were offered at R$ 1,670, with payment in 30 days. In Santa Lúcia (PR), the indication was R$ 1,480 for 180 tons, with a short payment term.

Soybeans opened higher on the Chicago Board of Trade, recovering some of the losses from the previous session. China imported 360,900 tons of soybeans from the United States in September, but its imports from that origin fell 3.41% between January and September, to 11.06 million tons. Brazil maintained its lead, with 65.84 million tons shipped to the Asian country during the period, an increase of 3.41% TP4. European requirements for traceability and combating deforestation remain a source of uncertainty for exporters.

In the US corn market, the harvest reached 44% of the area, below the historical average of 52%, according to the USDA. China imported 320,000 tons of the grain in September, and accumulated purchases in the marketing year reached 3.39 million tons. Among the indicators, the dollar futures contract was down 0.53%, at R$ 5.0635, while Brent crude oil was up 1.90%, at US$ 111.27. The dollar index was also trading lower, down 0.10%.