At 11:51 am (Brasília time) on Tuesday (29), corn on the Chicago Stock Exchange (CBOT) in March jumped 3.25 points and 0.71%, quoted at US$ 459.75 / bushel. While May rose 2 points and 0.44%, traded at US$ 459.25 / bushel cents. The corn market follows soybeans and advances in this daytime session at CBOT, after falls earlier. There is support with adjustment of positions and attention to the financial in view of the more favorable prospects of demand, in addition to a partial strike in Argentina, but already with resumption, and climate in South America. in English) pointed out that the weekly North American cereal shipments reached 994 thousand tons until the week of December 24, 35% below the projected average. The cereal also finds important financial support in oil, with gains of more than 1% in this session. The commodity directly impacts the competitiveness of North American ethanol.
This text was translated by machine from Brazilian Portuguese.