The price of corn on the Chicago Grain Exchange recorded a drop of 1.25 cents in March/17 contracts on Tuesday (14.02), closing at US$ 3.7425 per bushel. The other highlighted commodity positions on the CBOT closed the session with devaluations between 0.50 and 1.25 points.
The North American corn market had a day of slight losses in the main futures prices, as the South American harvest confirms its impressive numbers. Meanwhile, there are increasingly clear signs that Mexico may stop buying cereal from the United States, which will put pressure on prices if confirmed.
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