Corn futures prices begin to stable this Thursday in Brazil

Corn futures prices began Thursday (21) in a stable scenario on the Brazilian Stock Exchange (B3), with the main quotations oscillating between R$72.33 and R$73.90 at around 10:14 am (Brasília time). The contract for maturity in January/25 was quoted at R$72.88, down 0.14%, while March/25 was traded at R$73.90, recording a loss of 0.07%. The contract for May/25 showed a slight increase of 0.08%, being traded at R$72.33. On the foreign market, the Chicago Stock Exchange (CBOT) also recorded little movement at the opening, with minimal fluctuations observed at around 10:05 am (Brasília time). The December/24 contract was quoted at US$ 4.29, down 0.50 points, while March/25 was worth US$ 4.39, down 0.25 points. The May/25 contract remained stable at US$ 4.47, as did the July/25 contract, valued at US$ 4.50. According to the international website Farm Futures, corn prices continue to be influenced by a round of technical purchases, which was partially driven by the latest developments ...