Soybeans closed at $465,000 per ton in Rosario after long weekend

The oilseed recorded a $5,000 rise in the available segment of the Argentine market.

After the long weekend, soybeans had a positive session in Rosario and closed at $465,000 per ton.

The oilseed recorded a daily rise of $5,000 in the available segment of the Argentine market.

In Chicago, the main grains also closed with positive results.

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Realistic illustration of stable dólar blue exchange in Argentina featuring the Central Bank and currency symbols.
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Dólar blue closed stable on Friday May 29

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The dólar blue ended Friday May 29 without changes in Argentina, while the Central Bank bought foreign currency and international reserves declined.

Soybean prices in the Argentine market closed unchanged on Monday in Rosario.

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Argentine ADRs closed mostly higher on Monday in New York, while the S&P Merval index rose 4%. Oil prices topped US$110 per barrel amid rising tensions in the Persian Gulf, following Friday's declines.

Local assets traded mixed on Monday, June 15, driven by Argentina's sovereign rating upgrade and the United States-Iran agreement.

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Argentine stocks and bonds closed lower on Friday, June 5, ending an upward streak. Country risk rose to 494 basis points according to JPMorgan.

The dollar retreated Monday from its highest level in nearly two months, while oil prices rose more than 3% after Iran's announcement ending attacks on Israel.

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Argentina's Central Bank (BCRA) bought US$457 million on Friday, April 10, its largest purchase in two years. Gross international reserves reached US$45.431 million, with net reserves turning positive at US$323 million. The official dollar closed lower at $1.395 for sale at Banco Nación.

 

 

 

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