News

Corn opens Friday slightly higher on the Brazilian Stock Exchange

Maize (Corn)
Brazil
Published Jun 9, 2023

Tridge summary

Friday (09) begins with corn futures rising on the Brazilian Stock Exchange (B3). The main quotations fluctuated in the range between R$53.74 and R$63.09 around 10:21 am (Brasília time).

Original content

The July/23 maturity was quoted at R$53.74, up 0.49%, the September/23 was worth R$58.10, up 0.87%, the November/23 was traded at R$60, 70 with a gain of 0.75% and January/24 had a value of R$ 63.09 with an increase of 0.70%. The Chicago Stock Exchange (CBOT) opened work this Friday with international corn futures prices retreating around 9:44 am (Brasília time). The July/23 maturity was quoted at US$ 6.05 with a devaluation of 5.00 points, the September/23 was worth US$ 5.25 with a decrease of 3.50 points, the December/23 was negotiated for US$ 5, 29 with a drop of 3.75 points and March/24 was worth US$ 5.40 with a loss of 3.25 points. According to information from the international website Successful Farming, futures contracts for grains fell before today's supply and demand report from the United States Department of Agriculture (USDA). “Corn dropped overnight on some rain in the Midwest and on expectations that the USDA will raise its ending stock outlook,” said ...
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