At 2:46 pm (Brasília time), this Friday (15), the March contract fell 2.50 points and 0.47% on the Chicago Stock Exchange (CBOT), traded at US$ cents 531.75 / bushel. May fell 2.50 points and 0.46%, at $ cents 535.25 / bushel. The market follows the technical movements of realizing profits after highs the day before, in addition to advances in the planting of corn 2020/21 in Argentina and the return of rains in the country's agricultural areas. The Argentine Ministry of Agriculture, Livestock and Fisheries released today in its weekly report data on the planting work for the new harvest, which increased to 91% of the total by January 14, 4 percentage points above the previous week. In addition, there is caution about global demand, mainly from China, with the lack of daily purchases above 100 thousand tons made in this last session of the week.
This text was translated by machine from Brazilian Portuguese.