At the close of this Monday (21), at 16 h 58 (Brasília time), the January contract for corn quoted on the Brazilian Stock Exchange (B3) advanced 0.76% and was traded at R$ 78.00 / bag ( in the previous trading session it closed at R$ 77.41 / bag). While March registered an increase of 0.88%, at R$ 78.28 / bag (over R$ 77.59 / bag). The first session of the week was marked by the technical movement of adjustments in positions after losses in the last days and the appreciation of the exchange rate. In addition, weekly corn shipments from Brazil totaled 551,900 tonnes until December 18, 151% above the weekly average of 219,800 t required to complete the projections, according to a release from the Secretariat of Foreign Trade (Secex ), from the Ministry of Economy. Despite this, forecasts by the National Institute of Meteorology (Inmet) of massive rainfall for all central regions of Brazil are also on the radar, with storm alerts for Mato Grosso do Sul and Paraná. At the Chicago Stock Exchange (CBOT), the soybean spot jumped more than 23 points, despite the drop in corn and common wheat.
This text was translated by machine from Brazilian Portuguese.