At 12:32 pm (Brasília time), this Thursday (7th), the March contract fell 2.75 points and 0.56% on the Chicago Stock Exchange (CBOT), traded at US$ cents 492.25 / bushel. May was down 3.00 points and 0.60%, at $ cents 493.00 / bushel. The session continues the morning's losses due to the technical movements of profit realization after valuations and maximums renewed in the last days. In addition, there is still no sign of purchases of agricultural products from the United States by China this week, increasing the uncertainties about the demand from the country, which should acquire 25 million tons of American corn this year. Devaluations of 16.25 points in the soybean spot and 6.00 points in common wheat are also reflected in the day. In an attempt to limit losses, on a positive note, the US Department of Agriculture (USDA, in English) today reported daily sales of soybeans from the country of the current harvest and 2021/22 to unknown destinations. Attention also to the strike of corn sellers in Argentina that paralyzed their activities and an unfavorable climate for soybean and corn crops in South America.
This text was translated by machine from Brazilian Portuguese.