At the close of this Monday (28), at 5 pm (Brasília time), the January contract for corn quoted on the Brazilian Stock Exchange (B3) advanced 2.64% and was traded at R$ 81.98 / bag ( in the previous trading session it closed at R$ 79.87 / bag). While March registered an increase of 2.40%, at R$ 81.78 / bag (about R$ 79.86 / bag). The cereal was strongly motivated by the information that shipments of Brazilian cereal reached 1.31 million tons until the week of December 24, according to the Foreign Trade Secretariat (Secex), of the Ministry of Economy. The volume also registered an increase of 50% over the 551,900 t in the previous week and 570% above the weekly average of 196,100 t to total the estimates. In addition, the upward movement of the past few days and gains in the exchange rate also influenced the day. Despite the pressure with the heavy rains forecast for areas in the Center-North of Brazil, which favors the development of the harvest. On the Chicago Stock Exchange (CBOT), corn rose 5.50 points, while soybeans fell 8.25 points and -10.75 points in common wheat.
This text was translated by machine from Brazilian Portuguese.