At 2:54 pm (Brasília time), this Friday (22), the March corn contract fell 10.00 points and 1.91% on the Chicago Stock Exchange (CBOT), traded at US$ cents 514.25 / bushel . May was down 9.50 points and 1.81%, at $ cents 516.75 / bushel. The market lacks news about global demand in the midst of the coronavirus and keeps an eye on the climatic improvement in farming areas in South America. In addition, the United States Department of Agriculture (USDA) recently reported that the export records for corn 2021/22 totaled 46 thousand tons in the second week of January, well below the weekly average of 1.303 million tons. In the current harvest, about 539 thousand tons that would be exported to China were canceled. Technical profit-making movements after yesterday's gains also resonated.
This text was translated by machine from Brazilian Portuguese.