The September corn contract traded on Brazilian Stock Exchange (B3) It closed this Friday (24) with a slight decrease of 0.28%, quoted at R$ 70.58/sack. On the other hand, the November contract advanced 0.21%, to R$ 74.90/sack. However, during the week, futures accumulated large gains of 2.47% and 3.03%, respectively. In this trading session, domestic prices were pressured by the downward trend of exchangeThis factor reduces the competitiveness of Brazilian corn destined for export. Near the end of negotiations, the dollar fell 0.08% to R$ 5.07. According to a survey by DATAGRO Grains from the harvest of the 2025/26 winter corn crop node South-Central BrazilAs of the 17th of this month, planting has reached 50.3% of the cultivated area, a pace below last season (56.4%) and lower than the multi-year average (51.7%). DATAGRO Grains It is projected that Brazil will harvest 112.5 million tons of corn in the second crop of 2026, a volume 5% lower compared to the last cycle. Meanwhile, equivalent contracts in… Chicago Board of Trade (CBOT), which also exert influence on domestic grain prices, closed near stability.
This text was translated by machine from Brazilian Portuguese.