At 2:52 pm (Brasília time), this Thursday (01), the May contract lost 3.75% and 0.66% on the Chicago Stock Exchange (CBOT), traded at US$ cents 560.50 / bushel. July was down 2.00 points and 0.27%, at $ cents 545.50 / bushel. The first session of April is influenced by technical profit-making movements after a 25-point high limit the day before with the intention of planting soybeans and corn 2021/22 in the United States. The oilseed spot also retreated 36.25 points this afternoon. The United States Department of Agriculture (USDA) reported yesterday (31) in its report of intention to plant, or Prospective Plantings, that the corn area was estimated at 36.89 million hectares, below the experts' expectation 37.70 million hectares. In addition, export sales records for new season cereal reached 60 thousand tons in the week of March 25, 95.3% below the weekly average of 1.230 thousand tons. While the 2020/21 harvest, 797 thousand tons were in line with market expectations, despite the cancellation of 69 thousand tons that would be destined for China.
This text was translated by machine from Brazilian Portuguese.