At 9:28 am (Brasilia time) this Thursday (28), the July corn contract traded on Brazilian Stock Exchange (B3) It was operating with a slight increase of 0.34%, quoted at R$ 65.82/sack. The September contract also showed a positive trend of 0.22%, at R$ 68.45/sack. However, for the week, futures accumulated partial losses of 2.05% and 2.13%, respectively. On the previous day (27), the July contract fell 0.83%, to R$ 65.60/sack, while the September contract closed down 0.94%, at R$ 68.30/sack. This morning, domestic prices were supported by the appreciation of exchangeThis factor increases the competitiveness of Brazilian corn destined for export, as well as the rise in equivalent corn contracts in the market. Chicago Board of Trade (CBOT)Higher earnings were limited by the start. beginning of the second grain harvest in important producing states of South-Central BrazilLocal bodies 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 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.