At 14h 54 (Brasília time), this Monday (5th), the May contract lost 7.50 points and 1.34% on the Chicago Stock Exchange (CBOT), traded at US$ cents 552.75 / bushel. July was down 6.50 points and 1.19%, at $ cents 539.00 / bushel. Longer contracts registered a slight increase. The main maturities accompany the negative bias of the last week, feeling the lack of more significant news about the global demand for the cereal, mainly from China. In addition to the continuing economic uncertainties still in the midst of the coronavirus pandemic, despite advances in vaccination of the disease and resumption of flexibility in social isolation in Europe. On a positive note, trying to limit the day's losses, the United States Department of Agriculture (USDA) recently reported that corn shipments totaled 1.912 million tonnes in the week of April 1, above the projected weekly average 1.380mt of t.
This text was translated by machine from Brazilian Portuguese.