Corn futures prices rise in the USA's Chicago and Brazil's B3 starts trading down

Published 2024년 12월 20일

Tridge summary

Corn futures prices on the Brazilian Stock Exchange (B3) saw slight declines on Friday, with the January/25 contract at R$73.73, marking a 0.30% drop. Meanwhile, on the Chicago Board of Trade (CBOT), international corn prices for March/25, May/25, and July/25 contracts experienced increases, reaching US$ 4.43, US$ 4.49, and US$ 4.52 respectively, driven by optimism over strong demand for US corn in the international market. The USDA's report of a 24% rise in corn sales last week, totaling 1.17 million tons, further supports the positive trend in the global corn market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Corn futures prices began Friday (20) with slight declines on the Brazilian Stock Exchange (B3), while on the international market, contracts recorded increases sustained by the good demand for grains from the United States. On the B3, corn futures contracts were operating in negative territory at around 10:07 am (Brasília time). The main quotations varied between R$72.20 and R$73.73, with the January/25 contract quoted at R$73.73, representing a drop of 0.30%. The March/25 contract was traded at R$72.96, with a loss of 0.44%, while the May/25 contract recorded R$72.20, a drop of 0.28%. However, international corn prices followed an upward trend on the Chicago Board of Trade (CBOT), with futures contracts showing gains. At around 10:02 am (Brasília time), the March/25 contracts were quoted at US$ 4.43, up 3.00 points, and the May/25 contracts rose to US$ 4.49, also up 3.00 points. The July/25 contract was trading at US$ 4.52, up 3.00 points, while the September/25 contract was ...

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