Image: Pixabay
Tuesday (11) begins with corn futures prices rising on the Brazilian Stock Exchange (B3). The main prices fluctuated in the range between R$ 54.76 and R$ 63.29 at around 10:14 am (Brasília time) and extended the gains recorded yesterday.
The July/23 maturity was quoted at R$ 54.76 with an increase of 0.48%, September/23 was worth R$ 56.24 with an increase of 0.43%, November/23 was traded for R$ 59.82 with an increase of 0.52% and January/24 had a value of R$ 63.29 with a gain of 0.46%.
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External market
The Chicago Stock Exchange (CBOT) also opened operations this Tuesday with international corn futures prices floating in the positive field at around 9:44 am (Brasília time).
The July/23 maturity was quoted at US$ 5.75 with an increase of 5.00 points, September/23 was worth US$ 4.97 with an increase of 5.50 points, December/23 was traded at US$ 5.04 with an increase of 5.25 points and March/24 had a value of US$ 5.16 with a gain of 5.25 points.
According to information from the international website Farm Futures, corn prices continue to struggle for an upward direction after reaching a two-and-a-half year low last week and have gained a little ground this morning.
The publication highlights that markets are preparing for Wednesday's reports from the United States Department of Agriculture (USDA) that will provide more information on demand for the corn complex.
Source: Guilherme Dorigatti | Notícias Agrícolas
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