Planting delays in the United States have raised the price of soybeans in Chicago

Soy continues its upward trend in the Chicago market thanks to the delays in the United States, while corn and wheat fell by about $ 2 and $ 3 respectively.

July contract for oilseeds increased 0.08% (s0.28 USD) up to 355.65 USD per tonne, while in August, it stood at 0.10% ($ 0.37) and amounted to $ 338.8 per tonne. The fundamentals of the increase were, again, in the delay of planting work in the United States, indicated Telam.

The Ministry of Agriculture of this country (USDA, for its acronym in English) located the implementation of beans in 24 percentage points below the average of the last five campaigns.

"Uncertainty persists in the market for remaining seeding tasks, as intense rainfall in the productive areas of the oilseed they could cause even more problems for farmers, "said the Rosario Stock Exchange (BCR) in its daily badysis of activity in Chicago.

Oil accompanied the rise in soybean, with an improvement of 0.67% (US $ 4.19) up to 624.56 USD per tonne, while flour decreased by 0.70% (2.5 s) to end the day at 354.9 s per tonne.

Maize fell by 1.09% (US $ 1.97) and it was positioned at US $ 177.06 per tonne, while wheat fell 1.48% (US $ 2.94) and closed at US $ 195.29 per tonne, as a result of the funds taking profits.