At the close at 4:30 pm (Brasília time), this Friday (19th), the May contract registered an expressive increase of 24 points and 1.72% on the Chicago Stock Exchange (CBOT), traded at US$ cents 1416.25 / bushel. July jumped 22.50 points and 1.63% at $ cents 1403.00 / bushel.
The last session of the week gained momentum with the technical movements of adjustments in the positions after a drop of more than 25 points the day before and an appreciation of more than 2% for WTI oil. In addition to the global economic optimism with the return of the use of the AstraZeneca / Oxford coronavirus vaccine in Europe. Attention should also be paid to improving Chinese demand for agricultural products from the United States. The US Department of Agriculture (USDA) today reported a new sale of 800,000 tonnes of the cereal to the Chinese, which accumulate purchases of 3.876mt this week.
This text was translated by machine from Brazilian Portuguese.