Soybean futures contracts closed sharply higher this Thursday (25) on the Chicago Stock Exchange. The November maturity advanced 1.94%, closing the day at US$ 11.57 per bushel.
According to Datagro, the market was driven by a movement of technical recovery after the losses recorded in recent sessions. Investors are also following the forecast of a heat wave in the Midwest of the United States, an important oilseed producing region.
Agrinvest also highlighted that they supported the quotes. Weekly sales released by the USDA (United States Department of Agriculture) exceeded market expectations, totaling 455.4 thousand tons for the 2025/26 harvest and 902.2 thousand tons for the 2026/27 season.
for the advancement of soybeans. Oil followed the appreciation of oil, while bran received support from the uncertainties surrounding the strikes in Argentina, which could affect the country’s shipments and favor exporters such as Brazil and the United States.
Corn
Corn futures contracts ended the session on a high on the Chicago Stock Exchange, with the December contract rising 1.90% and closing at US$4.43 per bushel.
According to consultancy Granar, the market interrupted a sequence of four consecutive sessions of losses. The movement was driven mainly by the actions of funds and speculators, who took advantage of prices considered excessively depreciated to rebuild positions.
it also contributed to the appreciation of the cereal. After fluctuating above US$70 per barrel overnight, the commodity ended the day close to US$71.80, contributing to improving investor sentiment in agricultural markets.
Wheat
Wheat futures contracts also advanced this Thursday, with the September contract recording an increase of 0.92%, closing at US$6.01 per bushel.
According to Granar, part of the movement was the result of technical purchases made by investors who had liquidated positions in recent days. Furthermore, the market remains attentive to the intense heat wave that is hitting several regions in Europe.
Concerns about possible climate impacts on later-cycle wheat crops on the continent reinforced support for prices and helped sustain the commodity’s gains throughout the session.
