Corn spot closes the day with expressive high at CBOT

At the close at 4:30 pm (Brasília time), this Monday (15th), the May contract advanced 10.50 points and 1.95% on the Chicago Stock Exchange (CBOT), traded at US$ cents 549.50 / bushel . July rose 9.25 points and 1.75%, at $ cents 537.75 / bushel. The United States Department of Agriculture (USDA) reported today that shipments of corn from the country reached 2.204 million tonnes in the week ended March 11, up 31.7% from 1.673 million tonnes previously. and 52.7% above the weekly average of 1,443m tonnes projected for the harvest. The bullish bias of the past week also had an impact on earnings. In addition to the climate in South America and optimism about the recovery of the global economy with the vaccination of the coronavirus, consequently, the demand for agricultural products from the USA.

This text was translated by machine from Brazilian Portuguese.