At 9:37 am (Brasilia time) this Friday (15), the July corn contract traded on Brazilian Stock Exchange (B3) The market was operating in stability with an upward bias (+0.01%), quoted at R$ 66.93/sack, with an accumulated decline, however, of 0.98% in the partial week. The September contract advanced 0.16%, to R$ 69.91/sack, with a weekly gain of 0.27%. On the previous day (14), the July contract fell 0.33%, to R$ 66.92/sack, and the September contract retreated 0.43%, to R$ 69.80/sack. This morning, domestic prices were supported by the rise of more than 1% in exchange, which was quoted at R$ 5.05. The weakening of the real against the dollar increases the competitiveness of Brazilian corn in the international market. However, greater gains were limited by the decline in equivalent corn contracts in Chicago Board of Trade (CBOT)The market is closely watching the completion of the summer harvest in South-Central Brazil, which, despite being delayed, should be a record. According to a survey by DATAGRO GrainsFieldwork is nearing 90% of the cultivated area. final development of the winter crop node South-Central Brazil It is also being closely monitored. Expectations are for a full harvest, despite some isolated losses caused by weather stresses. Investors are also watching the harvest of… 2025/26 corn crop in Argentina which reached 32.0% of the cultivated area, according to a survey by Buenos Aires Grain Exchange (BCBA) Released yesterday. The pace of work in the South American country has slowed in recent weeks due to the prioritization of the soybean harvest.
This text was translated by machine from Brazilian Portuguese.