The corn prices were also unable to recover from the losses in the middle of the week and ended trading with a deep red sign. The losses on the Matif were slightly lower compared to the CBoT, but it remains the sixth day in a row with red signs for both trading venues. The Chicago stock exchange fell 13.25 US cents per bushel for the most traded May. The ton costs the equivalent of 233.94 euros. In addition to the weak indications from the wheat market, the news from Brazil that the harvest could be very good caused increased pressure. At the same time, this also reduces concerns about possible bottlenecks in supply. Exports have been weak in recent days. Professional investors in particular reacted to this and sold off large parts of their portfolios. Meanwhile, some farmers in Argentina have stopped working. The reason for the strike is the difficult economic situation caused by the severe drought of the past few months.
