At 2:48 pm (Brasília time), this Wednesday (31st), the May contract jumped 25 and 4.64% on the Chicago Stock Exchange (CBOT), traded at US$ cents 564.25 / bushel. July was also up 25 points and 4.78%, at $ cents 547.50 / bushel. The United States Department of Agriculture (USDA) today reported in its planting intention report, or Prospective Plantings, that the country's 2020/21 maize area was estimated at 36.89 million hectares, below expectations 37.70 million hectares of specialists. In addition, soy contracts jumped 70 points with the intention of planting also below expectations. The technical movements of adjustments in positions, an increase of 3.25% in the spot of common wheat and + 4.95% in soybean oil also had repercussions. Yesterday (30), the USDA reported a sale of 100,800 tons of corn from the US 2020/21 to unknown destinations.
This text was translated by machine from Brazilian Portuguese.