Monday (17) begins with corn futures prices registering negative movements on the Brazilian Stock Exchange (B3). The main quotations fluctuated in the range between R$ 72.42 and R$ 75.50 at around 10:14 am (Brasília time).
The May/12 maturity was quoted at R$ 72.42 with a devaluation of 2.10 %, the July/23 maturity was worth R$ 72.99 with a loss of 1.90%, the September/23 maturity was traded at R$ 73.52 with a drop of 1.71% and the November/23 maturity was worth R$ 75.50 with a drop of 1.71%.
External Market
The Chicago Stock Exchange (CBOT) began the first day of the week operating in positive territory for international corn futures prices.
At around 09:44 (Brasília time), the May/12 maturity was quoted at US$ 6.66 with an increase of 0.25 points, the July/23 maturity was worth US$ 6.35 with stability, the September/23 maturity was traded at US$ 5.70 with an increase of 2.75 points and the December/23 maturity was worth US$ 5.63 with a gain of 3.00 points.
According to information from the international website Successful Farming, corn futures contracts moved little, but followed soybeans in rising, keeping an eye on the drought in Argentina that devastated the country's harvest during much of the growing season.
Remember how the market closed last Friday: