The September corn contract traded on Brazilian Stock Exchange (B3) The November futures contract closed this Monday (13) with a moderate increase of 0.97%, quoted at R$ 67.90/sack, while the November futures contract closed with an advance of 0.69%, at R$ 71.20/sack. In this trading session, domestic prices were driven by the advance of exchangeThis factor increases the competitiveness of Brazilian corn traded in dollars on the international market. Near the end of negotiations in… B3Meanwhile, the dollar rose 0.49% to R$ 5.13. Furthermore, the appreciation of equivalent contracts in… Chicago Board of Trade (CBOT) also contributed to the positive bias. Data released today by Secretariat of Foreign Trade (Secex) and analyzed by DATAGRO Grains Data shows that Brazil shipped 399,400 tons of corn in the week ending July 10, a volume significantly higher than the previous week (120,300 tons). However, this volume is well below the weekly average needed to reach the total export projection for the 2026/27 crop year (1,359 million tons). Brazilian corn shipments are expected to gain momentum in the second half of this year, replacing soybeans at ports as the second corn crop is harvested. In the field, the 2025/26 winter crop harvest node South-Central Brazil It has already exceeded 26% of the cultivated area, according to weekly monitoring by DATAGRO GrainsA 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.