At 2:53 pm (Brasília time), this Thursday (28th), the March corn contract advanced 4.50 points and 0.89% on the Chicago Stock Exchange (CBOT), traded at US$ cents 538.50 / bushel . May was up 5.25 points and 0.98% at $ 540.25 / bushel. The market follows the news that the record of cereal export 2020/21 United States totaled 1.850 million tons in the week ended on January 21, 279% above the weekly average of 488 thousand tons, according to data from the Department of Agriculture of the USA (USDA). In addition, the Department reported earlier today two sales of maize 2020/21, 1.7 million tonnes to China and 213.6 million tonnes to undisclosed destinations. The day before, the country bought 680 thousand tons of the cereal and on Tuesday (26), it was 1.360 million tons of the same season. In addition to the improvement in global demand, investor optimism also revolves around the global economic recovery with the vaccination of the coronavirus, since 80 million doses of vaccines have already been applied.
This text was translated by machine from Brazilian Portuguese.