The July corn contract traded on Brazilian Stock Exchange (B3) It closed this Wednesday (27) with a moderate decrease of 0.83%, quoted at R$ 65.60/sack, with an accumulated loss of 2.38% in the partial week. The September contract fell 0.94%, to R$ 68.30/sack, with a weekly devaluation of 2.34%. In this trading session, domestic prices were pressured by the decline in equivalent corn contracts in Chicago Board of Trade (CBOT) and by the start of the second grain harvest in important producing states. Local agencies such as 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. Larger losses, however, were limited by the appreciation of… exchangeThis factor increases the competitiveness of Brazilian corn destined for export. Negotiations are nearing their end. B3Meanwhile, the dollar was rising almost 0.70% to R$ 5.06.
This text was translated by machine from Brazilian Portuguese.