At 2:48 pm (Brasília time), this Monday (19th), the May contract advanced 7 points and 1.20% on the Chicago Stock Exchange (CBOT), traded at US$ cents 592.50 / bushel. July was up 7.25 points and 1.22% at $ cents 580.15 / bushel. The day follows the technical movement of adjustments in positions after devaluations in the last week and signs of recovery in the global economy amid vaccination against coronavirus. In a negative aspect, the market follows the climate in the United States and the lack of news of international demand, mainly Chinese. The United States Department of Agriculture (USDA) reported today that shipments of 2020/21 maize from the country reached 1.525 million tonnes in the week ending April 15, below the weekly average of 1.435m t.
This text was translated by machine from Brazilian Portuguese.