At the close at 4:30 pm (Brasília time), this Monday (29th), the May contract registered losses of 5.75 points and 1.04% on the Chicago Stock Exchange (CBOT), traded at US$ cents 546.75 / bushel. July fell 4.50 points and 0.84%, at $ cents 531.25 / bushel.
The first session of the week was marked by the market's attention to the continuous spread of the coronavirus and the lack of significant news about the global demand for corn from the United States, mainly from China. In addition to monitoring the Brazilian harvest, the weather in South America and losses of more than 7 points in the soy spot at CBOT. Positively, the United States Department of Agriculture (USDA) reported today that corn shipments from the country totaled 1.695 million tonnes in the week ended March 25, 20.6% above the weekly average of 1.405 million tonnes. t projected for the 2020/21 harvest.
This text was translated by machine from Brazilian Portuguese.