The September corn contract traded on Brazilian Stock Exchange (B3) The futures contract closed this Wednesday (29) with a moderate decrease of 0.60%, quoted at R$ 69.99/sack, with an accumulated weekly decline of 0.84%. The November contract fell 0.73%, to R$ 74.80/sack, with a devaluation of 0.13% in the week. In this trading session, domestic prices were pressured by the broad decline in equivalent corn contracts in Chicago Board of Trade (CBOT)The devaluation of exchangeThis factor, which reduces the competitiveness of Brazilian cereal exports, also contributed to the negative outlook. Near the end of negotiations in B3Meanwhile, the dollar fell 0.23% to R$ 5.10. As for fieldwork, the 2025/26 winter corn harvest node South-Central from Brazil It reached 61.5% of the projected area, after a weekly increase of 11.2 percentage points, according to monitoring carried out by DATAGRO Grains until last Friday (24). In the same period of the previous season, work was at 69.1%; on average over the last five years, at 62.6%. A DATAGRO It is projected that Brazil will harvest 112.5 million tons of corn in this second crop of 2026, a volume 5% lower compared to the last cycle.
This text was translated by machine from Brazilian Portuguese.