At 2:49 pm (Brasília time), this Thursday (15th), the May contract fell 3 points and 0.51% on the Chicago Stock Exchange (CBOT), traded at US$ cents 591.00 / bushel. July was down 2 points and 0.35%, at $ cents 577.50 / bushel. Longer maturities were high. The main contracts negatively reflected information from the United States Department of Agriculture (USDA) that the export sales record for corn in the country of the 2021/22 crop reached 53,000 tonnes in the week of April 8, as well as below the projected weekly average of 1.278 million t. In the 2020/21 harvest, 328 thousand tons were registered, above the weekly average, but of the total, 24 thousand tons destined for China were canceled. In addition, the market is attentive to the forecast of a favorable climate for North American crops still amid uncertainties about the global economic recovery in view of the continuity of the coronavirus pandemic.
This text was translated by machine from Brazilian Portuguese.