Corn futures closed moderately lower on the B3 exchange this Friday.

The July corn contract traded on Brazilian Stock Exchange (B3) The futures contract closed this Friday (29) with a moderate decrease of 0.74%, quoted at R$ 65.42/sack, with an accumulated weekly loss of 2.65%. The September contract fell 0.93%, to R$ 68.10/sack – with a devaluation of 2.63% in the week. In May, futures registered significant losses of 6.07% and 4.89%, respectively. In this trading session, domestic prices were pressured by the devaluation of equivalent corn contracts in Chicago Board of Trade (CBOT)in the United States. The beginning of the second grain harvestin important producing states of South-Central Brazil, also put pressure on cereal prices. Local bodies such as the Mato Grosso Institute of Agricultural Economics (Imea) and the Department of Rural Economy (Deral) They reported that work had already begun last week in Mato Grosso and in Paraná, still in its early stages. A DATAGRO Grains It is projected that 112.3 million tons of corn will be harvested in the winter crop, representing a 5% decrease compared to the previous season. However, a significant portion of this loss should be offset by the summer crop, whose production jumped 14% to 28.9 million tons in the 2025/26 cycle. On the other hand, the advance of exchangeThis factor, which increases the competitiveness of Brazilian corn destined for export, prevented greater losses. Near the end of negotiations in B3The dollar was up 0.28% at R$ 5.04. On the radar, according to a survey by Buenos Aires Grain Exchange (BCBA)According to data released yesterday, the 2025/26 corn harvest in Argentina has reached 34.7% of the cultivated area, after advancing 1.8 percentage points in one week.

This text was translated by machine from Brazilian Portuguese.