The July corn contract traded on Brazilian Stock Exchange (B3) The futures contract closed this Thursday (11) with a moderate decrease of 0.70%, quoted at R$ 64.24/sack. The September contract fell 0.51%, to R$ 66.46/sack. For the week, futures accumulated losses of 2.89% and 3.40%, respectively. In this trading session, domestic prices were pressured by the strong devaluation of exchange, a factor that reduces the competitiveness of Brazilian corn destined for export. Close to the closing of negotiations in B3Meanwhile, the dollar fell 1.39% to R$5.09. Furthermore, the equivalent corn futures contracts dropped almost 2%. Chicago Board of Trade (CBOT)In the United States, this also contributed to the negative bias. In the field, investors continue to monitor the… 2025/26 winter corn harvest node South-Central of Brazil, which reached 3.3% of the projected area, after a weekly increase of 2.2 percentage points, according to a survey conducted by DATAGRO Grains until last Friday (5). Mato Grosso and Paraná lead the harvesting efforts. A DATAGRO Grains It is projected that 112.3 million tons of corn will be harvested in the winter crop, representing a 5% decrease compared to the previous season. However, a significant portion of this loss should be offset by the summer crop, whose production jumped 14% to 28.9 million tons in the 2025/26 cycle. On the radar, the U.S. Department of Agriculture (USDA) Today, the institute raised its estimate for Brazil's 2025/26 corn crop to 138 million tons – an increase of 3 million tons compared to its May reading. 2026/27 seasonThe department projects Brazilian cereal production at 139 million tons.
This text was translated by machine from Brazilian Portuguese.