At the close of Monday (04), at 17 h 22 (Brasília time), the January contract for corn quoted on the Brazilian Stock Exchange (B3) jumped 1.61% and was traded at R$ 84.95 / bag ( in the previous trading session it closed at R$ 83.60 / bag). While March registered an increase of 1.83%, at R$ 80.83 / bag (about R$ 79.37 / bag). The session echoed the news that shipments of cereal from Brazil totaled 875.5 thousand tons until December 30, according to data from the Secretariat of Foreign Trade (Secex), of the Ministry of Economy. The registered volume was 188% over the projected weekly average of 303 thousand t. In addition, the expressive gains in the exchange rate and the upward movement of the last December negotiations also had repercussions. Despite the forecast of rains for most of Brazil, which should favor the development of the harvest. On the Chicago Stock Exchange (CBOT), the longest maturities registered an increase in soybeans, corn and common wheat.
This text was translated by machine from Brazilian Portuguese.