At 08h18 (Brasília time) this Tuesday (29th), corn on the Chicago Stock Exchange (CBOT) in the March contract operated with a fall of 0.25 point and 0.05%, quoted at US$ cents 456 , 25 / bushel. May was down 0.25 points and 0.05%, at cents $ 456.75 / bushel. In the previous session, the March contract rose 5.50 points and 1.22% on the CBOT, trading at $ cents 456.50 / bushel. May was up 5.25 points and 1.16%, at $ cents 457.00 / bushel. Corn futures follow soybeans on this night trading session of CBOT. The low continues the movement of the previous day, assimilating the lack of news about the fulfillment of the partial of the commercial agreement between China and the United States, besides the realization of profits. The US Department of Agriculture (USDA) noted yesterday that US weekly grain shipments reached 994,000 tonnes by the week of December 24, 35% below the projected average. Despite improving, the climate in South America remains on the operators' radar.
This text was translated by machine from Brazilian Portuguese.