Corn closes Wednesday with significant drop in CBOT

At the close at 4:30 pm (Brasília time), this Wednesday (20th), the December contract fell 4.00 points and 0.76% on the Chicago Stock Exchange (CBOT), traded at US$ cents 522.00 / bushel . The March fell 4.25 points and 0.80% to $ 524.00 / bushel. The market was pressured by the improvement of the climate in South America, a drop of 16.25 points in the soybean spot and 5.50 points in common wheat. In addition to the lack of significant news about global demand, mainly North American and Chinese, contrary to expectations about coronavirus vaccination. Also beware of the report on weekly export records in the United States to be released this week by the US Department of Agriculture (USDA).

This text was translated by machine from Brazilian Portuguese.