Wednesday (19) starts with prices corn futures showing high volatility, although slightly retreated on the Brazilian Stock Exchange (B3). The main quotations fluctuated in the range between R$ 72.72 and R$ 80.40 at around 10:07 am (Brasília time).
The market quoted the March/25 contract at R$ 80.40, down 0.43%. The May/25 contract was worth R$ 76.70, down 0.29%, while the July/25 contract was priced at R$ 72.72, down 0.27%.
External market
On the Chicago Stock Exchange (CBOT), international corn futures prices were trading in the positive field at the opening of this Wednesday, with advances recorded around 09:50 (Brasília time).
The market quoted the March/25 contract at US$ 5.03, up 1.25 points. The May/25 contract was worth US$ 5.16, up 1.00 points. July/25 was traded at US$ 5.19, up 1.00 points. September/25 was worth US$ 4.80, up 0.25 points.
US corn purchase commitments increased by 28% to 46.4 million tonnes, according to data from the US Department of Agriculture (USDA).
Source: Guilherme Dorigatti | Notícias Agrícolas
