At 4:30 pm (Brasília time), this Monday (26th), the May contract registered an increase of 25 points and 3.81% on the Chicago Stock Exchange (CBOT), traded at US$ cents 680.50 / bushel, renewing their maxims. While July rose 24.50 points and 3.83%, at $ cents 656.75 / bushel. Maturities follow the upward movement of last week, when it accumulated an appreciation of 11.96%, and accompany the intense cold in the United States. In addition, the US Department of Agriculture (USDA) also recently reported that corn shipments from the country reached 1.951 million tonnes in the week ending April 22. The result was 38.7% above the weekly average of 1.406m tonnes projected by analysts. The market is also attentive to controlling the coronavirus pandemic in Europe with the effectiveness of social isolation and advances in mass vaccination against the disease. Portugal has zeroed its deaths and is expected to resume all of its economic activities in the coming days.
This text was translated by machine from Brazilian Portuguese.