At 9:32 am (Brasilia time) this Tuesday (7), the September corn contract traded on Brazilian Stock Exchange (B3) It showed a slight decrease of 0.19%, quoted at R$ 67.77/sack; the November contract fell 0.14%, to R$ 71.10/sack. Yesterday (6), the September and November contracts rose 0.97% and 0.69%, to R$ 67.90/sack and R$ 71.20/sack, respectively. This morning, domestic prices were pressured by the decline in equivalent contracts in Chicago Board of Trade (CBOT)Furthermore, the devaluation of exchangeThe factor that reduces the competitiveness of Brazilian corn traded in dollars on the international market also contributed to the negative outlook. Data released yesterday 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 amount is still below the weekly average needed to reach the projected export volume for the 2026/27 crop year (1,359 million tons). Corn shipments are expected to pick up pace in the second half of this year, replacing soybeans at ports as the second crop harvest progresses. 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.