The November corn contract traded on Brazilian Stock Exchange (B3) The futures contract closed this Wednesday (2) with a slight increase of 0.11%, quoted at R$ 78.64/sack; the January contract registered an increase of 0.16%, to R$ 81.98/sack. In the weekly comparison, futures accumulated gains of 0.95% and 1.21%, respectively. In this trading session, domestic prices were supported by the slight delay in winter corn harvest for the 2025/26 seasonno South-central region of the countryThe fieldwork achieved 95.6% of the projected area, following a weekly increase of 3.4 percentage points, according to monitoring carried out by DATAGRO Grains until last Friday (28). In the same period of the previous harvest, the works were at 98.4%, while the average of the last five years for the date is 94.3%. However, greater gains were limited by the decline of more than 1% of exchange, which reduces the competitiveness of Brazilian corn abroad. Furthermore, the decline in equivalent contracts in Chicago Board of Trade (CBOT) It also put pressure on prices.
This text was translated by machine from Brazilian Portuguese.