At the close at 4:30 pm (Brasília time), this Friday (30th), the May contract registered an appreciation of 38 points and 5.41% on the Chicago Stock Exchange (CBOT), traded at US$ cents 740 / bushel . July jumped 25 points and 3.86% to $ cents 673.25 / bushel. The corn market was strongly motivated by signs of control of the coronavirus pandemic in the world, a jump of 28.50 points in soybeans and 5.00 points in common wheat in CBOT. In addition to the National Oceanic and Atmospheric Administration (NOAA) forecast of continuing below-average temperatures in the United States starting next week. In addition, yesterday (29), the US Department of Agriculture (USDA, in English) reported that the export sales records for corn for the 2020/21 harvest reached 521,000 tons in the week ended April 22, above weekly average, with 25 thousand t destined for China.
This text was translated by machine from Brazilian Portuguese.