At the close at 4:30 pm (Brasília time), this Wednesday (17th), the March contract rose 0.75 point and 0.14% on the Chicago Stock Exchange (CBOT), traded at US$ cents 553.00 / bushel . May was up 1.00 points and 0.18%, at $ cents 550.75 / bushel. Maturities have turned to the positive side, influenced by the technical movements of adjustments in positions after recent losses and extreme cold that affects the grain harvest in the United States. In addition, the market fears that the North American economic recovery will be severely harmed since the cold caused the vaccination of the coronavirus to halt in some states. Tomorrow (18) and Friday (19), the US Department of Agriculture (USDA) is expected to present its first impressions of the 2021/22 crop at the country's Agricultural Forum.
This text was translated by machine from Brazilian Portuguese.