Corn spot closes the day with moderate rise in CBOT

At the close at 4:30 pm (Brasília time), this Tuesday (23), the March contract advanced 2.75 points and 0.50% on the Chicago Stock Exchange (CBOT), traded at US$ cents 553.75 / bushel . May was up 2.00 points and 0.36% at $ cents 552.50 / bushel. Prices were marked by a jump of 22.25 points in the soybean spot and an increase in North American demand for oilseeds, corn and wheat in the country amid a reduction in supply hampered by the extreme cold in the Midwest. In addition, the market remains in expectation of improvement in Chinese demand and follows the climate in South America. The bullish bias of the day before with adjustments in positions also reverberated.

This text was translated by machine from Brazilian Portuguese.