The July corn contract traded on Brazilian Stock Exchange (B3) The September contract closed this Monday (29) with a drop of 0.12%, quoted at R$ 64.53/sack, the September contract closed in the same direction, at R$ 67.55/sack. In this trading session, prices were pressured by the significant devaluation of equivalent contracts in Chicago Board of Trade (CBOT)The losses were partially limited by the appreciation of the dollar, which makes Brazilian exports more competitive. In the field, according to a survey by DATAGRO Grains, until last Friday (19), the 2025/26 winter corn harvest node South-Central Brazil The area under planting reached 11.7% of the projected area, following a weekly increase of 5.3 percentage points. The pace of work is similar to that observed in the same period last year (11.7%) and the average of the last five harvests (12.0%). DATAGRO It is projected that 112 million tons will be harvested in this second crop, a 5% decrease compared to the previous cycle.
This text was translated by machine from Brazilian Portuguese.