At 2:47 pm (Brasília time), this time Tuesday(30), the May contract fell 7.50 points and 1.37% on the Chicago Stock Exchange (CBOT), traded at US$ 539.25 / bushel. July fell 9.00 points and 1.69% to $ 522 cents.25 / bushel. The cereal is negatively influenced by the sharp drop of 24.75 points in the soybean spot, 4.72% in the soybean oil spot and 11.25 points in the common wheat spot. The planting of winter corn in the Center-South of Brazil also increased to 98.4% in the last week, compared to a five-year average of 97.5%. In addition to market concerns about the impacts of a new wave of dissemination of the coronavirus in Europe, which should again impose stricter restrictive social measures. Despite this, global demand remains on the radar after the United States Department of Agriculture (USDA) reported earlier today a sale of 100,800 tons of corn from the country 2020/21 to unknown destinations.
This text was translated by machine from Brazilian Portuguese.