Brazil: Corn futures move a little on Monday morning
Maize (Corn)
Brazil
Published Feb 27, 2023
Tridge summary
Monday (27) begins with corn futures prices little changed on the Brazilian Stock Exchange (B3). The main quotations fluctuated in the range between R$ 87.20 and R$ 88.34 at around 10:14 am (Brasília time).
Original content
The March/23 maturity was quoted at BRL 87.75 with a drop of 0.17%, the May/23 was worth BRL 88.34 with a 0.05% increase, the July/23 was traded for BRL 87, 41 with a gain of 0.01% and September/23 had a value of R$ 87.20 with an increase of 0.06%. The Chicago Stock Exchange (CBOT) also started the first day of the week with movements very close to stability for international corn futures prices, which were still in a positive field around 10:05 am (Brasília time). The March/23 maturity was quoted at US$ 6.50 with a gain of 0.75 points, the May/23 was worth US$ 6.49 with an increase of 0.25 points, the July/23 was negotiated for US$ 6, 39 with an increase of 0.50 points and September/23 had a value of US$ 5.92 with an appreciation of 2.00 points. According to information from the Reuters Agency, corn futures contracts were little changed in Chicago, supported by concerns about crop losses after the drought in Argentina. “Concern about ...
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