Corn spot ends the day with significant drop in CBOT

At the close at 4:30 pm (Brasília time), this Thursday (25th), the May contract registered losses of 6.75 points and 1.22% on the Chicago Stock Exchange (CBOT), traded at US$ cents 546.50 / bushel. July fell 4.75 points and 0.88%, to $ cents 532.50 / bushel. The United States Department of Agriculture (USDA) reported today that the country's 2021/22 corn export records totaled 145,000 tonnes in the week of March 18, far less than the projected weekly average of 1,282 million t. Despite that in the 2020/21 harvest, 4.482 million tons were registered in the period, with 389 thousand tons destined for China. The USDA also today reported a sale of 111,000 tons of 2020/21 cereal to Japan. In addition, the price of WTI oil lost strength and fell 4.41% on the New York Stock Exchange with attention focused on the worsening of the pandemic. of coronavirus across Europe. The technical movements of profit realization, a drop of 18.50 points in soybeans and 10.25 points in common wheat also had repercussions.

This text was translated by machine from Brazilian Portuguese.