At 11:47 am (Brasília time) on Monday (28), corn on the Chicago Stock Exchange (CBOT) in March lost 2 points and 0.44%, quoted at cents US$ 449.00 / bushel. While May lost 1.25 points and 0.28%, at cents $ 450.50 / bushel. Following soybeans, corn futures started falling this Monday afternoon in a profit-making movement after gains in the last few days and at the beginning of work on Monday with heated demand for US grains. Earlier, the US Department of Agriculture (USDA) reported the sale of 149,500 tons of corn to unknown destinations in the 2020/21 business year. Still positively, the market remains attentive to climatic conditions in producing areas in South America. Market operators are still waiting for the release of US shipment data this week.
This text was translated by machine from Brazilian Portuguese.