Chicago opens Thursday with corn up, supported by strong demand in the US

Published Nov 7, 2024

Tridge summary

Corn futures prices experienced increases on the Brazilian and Chicago stock exchanges on Thursday. In Brazil, the November/24, January/25, and March/25 maturities saw gains of 1.14%, 0.81%, and 0.31% respectively. Similarly, on the CBOT, the December/24, March/25, May/25, and July/25 contracts all saw price increases. This rise in grain futures is attributed to continued demand for agricultural products from the United States, with corn sales since September reaching 25.8 million tons, a 41% increase year-over-year.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Thursday (07) begins with corn futures prices operating in the positive field on the Brazilian Stock Exchange (B3). The main quotations fluctuated in the range between R$73.32 and R$76.96 at around 10:14 am (Brasília time). The November/24 maturity was quoted at R$73.32 with a gain of 1.14%, January/25 was worth R$76.28 with an increase of 0.81% and March/25 was traded at R$76.96 with an increase of 0.31%. The Chicago Stock Exchange (CBOT) also opened its activities this Thursday with positive movements for international corn futures prices, which were rising at around 9:59 am (Brasília time). The December/24 contract was quoted at US$ 4.27, up 1.00 points, the March/25 contract was worth US$ 4.40, up 1.25 points, the May/25 contract was traded at US$ 4.47, up 1.25 points, and the July/25 contract was worth US$ 4.51, up 1.50 points. According to information from the international website ...

Source: NoticiasAgricolas