The September corn contract traded on Brazilian Stock Exchange (B3) The contract closed this Monday (3) with a moderate decrease of 0.68%, quoted at R$ 68.73/sack; the November contract fell 0.47%, to R$ 73.55/sack. In this trading session, domestic prices were pressured by the increase in domestic supply, as the winter corn harvest gains strength in the Center-South of Brazil. According to a survey by DATAGRO Grãos, the work is practically completed in Mato Grosso and close to halfway in Paraná and Goiás. However, greater losses were limited by the advance of the dollar and equivalent contracts on the Chicago Stock Exchange. On the radar, the weather forecast for the main producing states and the completion of the 2025/26 harvest in Argentina.
This text was translated by machine from Brazilian Portuguese.