The September corn contract traded on Brazilian Stock Exchange (B3) The futures market closed this Friday (31) with a moderate decrease of 0.72%, quoted at R$ 69.20/sack, with an accumulated loss of 1.96% in the partial week. The November contract fell 0.90%, to R$ 73.90/sack, with a weekly devaluation of 1.34%. In July, the assets closed in positive territory, with an appreciation of 1.47% for the September contract and a rise of 3.92% for the November contract. B3Trading on Friday began late after technical problems faced by B3 in processing after-hours trading on Thursday. In this session, domestic prices were pressured by the decline in equivalent contracts in… Chicago Stock Exchange (CBOT)However, greater losses were limited by the appreciation of exchangeThis factor increases the competitiveness of Brazilian grain destined for export. Negotiations are nearing their end. B3Meanwhile, the dollar rose 0.28% to R$ 5.07. The slower progress of Harvesting the winter crop in the South-Central region. of Brazil It is also being monitored by investors. Survey conducted by DATAGRO Grains as of last Friday (24) shows that work has reached 61.5% of the cultivated area, a pace slightly below the average of the last five years for the period (62.6%).
This text was translated by machine from Brazilian Portuguese.