At 9:42 am (Brasilia time) this Thursday (16), the September corn contract traded on Brazilian Stock Exchange (B3) The September futures contract was trading slightly higher by 0.15%, quoted at R$ 68.27/sack; the November contract was trading with an upward bias (+0.03%), at R$ 71.83/sack. For the week so far, futures have accumulated gains of 1.52% and 1.58%, respectively. On the previous day (15), the September contract rose 1.11%, to R$ 68.17/sack, and the November contract advanced 1.00%, to R$ 71.81/sack. This morning, domestic prices were supported by the appreciation of… exchange, a factor that increases the competitiveness of Brazilian corn destined for export. On the other hand, the decline in equivalent contracts in Chicago Board of Trade (CBOT) limited larger gains. Furthermore, the market is monitoring the progress of 2025/26 winter corn harvest node South-Central BrazilAccording to the survey by DATAGRO Grains Until last Friday (10), the fieldwork reached 36.7% of the projected area, after a weekly increase of 10.6 percentage points. At the same time last season, work was at 42.4%; the five-year average is 41.1%. A 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.