At 9:33 am (Brasilia time) this Tuesday (16), the July corn contract traded on Brazilian Stock Exchange (B3) It showed a moderate decrease of 0.87%, quoted at R$ 63.79/sack; the September contract fell 0.42%, to R$ 66.67/sack. Yesterday (15), futures recorded gains: the July contract advanced 0.45%, to R$ 64.35/sack, and the September contract appreciated 0.18%, to R$ 66.95/sack. This morning, domestic prices were pressured by the decline in equivalent contracts in Chicago Board of Trade (CBOT), as well as by the devaluation of exchange, a factor that reduces the competitiveness of Brazilian corn destined for export. Market agents are also monitoring the progress of 2025/26 winter corn harvest node South-Central BrazilThe work is still in its early stages, with Mato Grosso and Paraná leading the efforts, and should begin to gain momentum in the coming weeks. 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 large part of this loss should be offset by the summer crop, whose production jumped 14%, to 28.9 million tons, in the 2025/26 cycle.
This text was translated by machine from Brazilian Portuguese.