Closing at 16:30 (Brasília time), this Friday (5th), the March contract fell 1.50 points and 0.27% on the Chicago Stock Exchange (CBOT), traded at US$ cents 548.50 / bushel . While May was stable at $ cents 547.50 / bushel. Longer maturities fell. The last session of the week was marked by the technical movement of profit-taking after gains for most of the day and market caution about the limited supply of the United States amid the warming of global demand. The devaluation of 5.75 points in the soybean spot also had repercussions, despite the 4.50 point increase in common wheat. On a positive note, the United States Department of Agriculture (USDA) reported earlier today that a sale of 101,600 tonnes of US corn 2020/21 was made to unknown destinations. Attention also to the climate in South America and the continuation of the truckers' strike in Argentina.
This text was translated by machine from Brazilian Portuguese.