At the close of this Monday (26th), at 17:01 (Brasília time), the May contract for corn quoted on the Brazilian Stock Exchange (B3) registered an increase of 2.13% and was traded at R$ 106.22 / bag, renewing maximums, (in the previous trading session it closed at R$ 104 / bag). July jumped 2.96% to R$ 105.07 / bag (from R$ 102.04 / bag). Maturities were driven by a jump of 29.25 points in the soybean spot, 27.25 points in common wheat and 25 points in corn, traded on the Chicago Stock Exchange (CBOT). The positive bias of the last week, limited internal supply and signs of control of the coronavirus pandemic in the world also have repercussions. In addition, the National Meteorological Institute (Inmet) predicts intense cold and frost in the southern region of Brazil this last week of April. In the Southeast, the condition will come accompanied by rain.
This text was translated by machine from Brazilian Portuguese.