On the São Paulo Commodities Exchange, corn is rising again, after the corrections of the previous two days, according to information released by TF Agroeconomia. “Corn prices on the futures market of B3, in São Paulo, resumed their rise, after two days of strong corrections and profit taking. The latest export deals and the improvement in premiums for a few specific months, denoting a resumption of external demand, contributed to strengthening prices this Thursday", he comments. 23 closed at R$54.65, up R$0.94 for the day and low of R$-1.41 for the week; the September/23 contract was R$58.84, up R$1. 77 on the day and low of R$ -0.06 on the week; October/23 closed at R$61.35, low of R$1.99 on the day and high of R$0.03 on the week”, completes the consultancy . In Chicago, the main price closed higher. “The price for July 23, the beginning of our winter harvest, closed down ..
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On the São Paulo Commodities Exchange, corn is rising again, after the corrections of the previous two days, according to information released by TF Agroeconomia. “Corn prices on the futures market of B3, in São Paulo, resumed their rise, after two days of strong corrections and profit taking. The last export business and the improvement of premiums for some specific months, denoting the resumption of external demand, contributed to strengthen quotations this Thursday", he comments. “Given this scenario, futures prices closed higher: the July/23 contract closed at BRL 54.65, up BRL 0.94 on the day and BRL -1.41 on the week; the maturity of September/23 was R$58.84, an increase of R$1.77 on the day and a low of R$-0.06 on the week; October/23 closed at BRL 61.35, down BRL 1.99 on the day and BRL 0.03 on the week”, adds the consultancy. In Chicago, the main price closed higher. “The quote for July23, the start of our winter season, closed down -0.25% or $-1.25 cents/bushel at ...
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