USA: Pessimism about the Black Sea agreement takes hold of the market and corn opens Thursday rising in the Stock Exchanges

Published 2023년 3월 2일

Tridge summary

Corn futures prices at the Brazilian Stock Exchange and the Chicago Stock Exchange opened Thursday with positive trends at 10:07 am and 10:05 am Brasília time, respectively. The main quotations for the March/23 maturity fluctuated between R$ 86.35 and R$ 87.58 in Brazil, and between US$ 5.84 and US$ 6.47 in Chicago. The increase in prices was driven by bargains and uncertainties over the potential renewal of the Black Sea grain export deal, following Russia's criticism of the West for allegedly undermining the deal.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Thursday (02) begins with corn futures prices operating in the positive field of the Brazilian Stock Exchange (B3). The main quotations fluctuated in the range between R$ 86.35 and R$ 87.58 at around 10:07 am (Brasília time). The March/23 maturity was quoted at R$87.14 with a gain of 0.23%, the May/23 was worth R$87.58 with an appreciation of 0.40%, the July/23 was traded for R$87, 00 with an increase of 0.35% and September/23 had a value of R$ 86.35 with an increase of 0.06%. The Chicago Stock Exchange (CBOT) also opened its activities this Thursday with international corn futures prices floating in a positive field and advancing around 10:05 am (Brasília time). The maturity March/23 was quoted at US$ 6.47 with an appreciation of 6.50 points, the May/23 was worth US$ 6.41 with an increase of 5.25 points, the July/23 was negotiated for US$ 6, 30 with an increase of 4.25 points and September/23 had a value of US$ 5.84 with a gain of 2.50 points. Chicago corn futures rose on ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.