Corn has a day of adjustments on B3 and a rise in Chicago

The corn market closed on Tuesday (28) with a mixed performance on B3, reflecting opposite movements between the dollar and the Chicago Stock Exchange. According to TF Agroeconômica, the American currency recorded its third consecutive drop, while international prices for the cereal advanced amid optimism about global trade negotiations. On B3, futures contracts fluctuated amid a scenario of technical corrections and lower liquidity. Corn for November/25 closed at R$ 67.52, down R$ 0.39 on the day and R$ 0.98 on the week. The January/26 contract fell R$ 0.28, ending at R$ 71.01. Meanwhile, the March/26 expiration advanced R$ 0.01, quoted at R$ 72.89. In the physical market, prices remain firm, which has limited industrial demand and stalled part of the negotiations, leading to the correction of the spread between the futures market and the physical market. In Chicago, corn closed higher for the second consecutive day, driven by optimism surrounding the meeting between Presidents ...