At 4:30 pm (Brasília time), this Wednesday (28th), the May contract registered a jump of 12 points and 1.73% on the Chicago Stock Exchange (CBOT), traded at US$ cents 707.50 / bushel, renewing maximums in position scrolling motion. While the longest retreated and July fell 0.25 point and 0.04%, at $ cents 654.25 / bushel. Most of the maturities continued the technical movement of profit realization after strong valuations in the last days. In addition to the lack of significant news about Chinese demand for agricultural products from the United States and fears about the global economic recovery. Despite the adverse weather in US crops at the end of the month, advances in global vaccination against coronavirus and a jump of more than 1% in WTI oil on the New York Stock Exchange. In addition to the sale of 101.6 thousand tons of corn made yesterday (27) to destinations not revealed by the United States Department of Agriculture (USDA, in English), with shipments scheduled for 2020/21 and 2021/22.
This text was translated by machine from Brazilian Portuguese.