Corn futures prices experienced a notable increase on the Chicago Board of Trade (CBOT) and the Brazilian Stock Exchange (B3) following the release of new USDA data. The data revealed a decrease in the projected area for corn crops in the United States to 36.42 million hectares, which is lower than both the previous month's estimate and last year's harvest, and below market expectations of 37.14 million hectares. Additionally, corn stock estimates were reported at 212.1 million tons, falling short of the market's expectation of 214.06 million tons. These factors contributed to the appreciation in corn futures prices across various maturities.
주의 사항: 위의 요약은 최신 LLM 모델로 생성하였으며, 정보 제공의 목적으로만 사용됩니다. 정확한 정보와 맥락을 확인하려면 원본 기사를 참조하는 것이 좋습니다.
원본 콘텐츠
International corn future prices began to operate in the positive field of the Chicago Stock Exchange (CBOT) after the release of new numbers from the USDA (United States Department of Agriculture) this Thursday (28). At around 1:46 pm (Brasília time), the May/24 maturity was quoted at US$ 4.46 with an appreciation of 19.75 points, the July/24 was worth US$ 4.59 with a gain of 19.75 points, the September/24 was traded for US$4.67, an increase of 18.50 points and December/24 had a value of US$ an increase of 17.75 points. The area projected by the USDA for corn crops in the United States was 36.42 million hectares, smaller than what was reported last month, when it estimated 36.83 million hectares and 5% smaller than the previous harvest. The average market projections were also higher and came in at 37.14 million. Furthermore, stocks were estimated at 212.1 million tons, against market expectations, which were an average of 214.06 million tons. Corn futures prices on the Brazilian ...