At 9:27 am (Brasilia time) this Monday (3), the September corn contract traded on Brazilian Stock Exchange (B3) It was operating with a slight decrease of 0.45%, quoted at R$ 68.89/sack. The November contract fell by the same amount, to R$ 73.57/sack. On Friday (31), futures closed in negative territory, with the September contract down 0.72%, to R$ 69.20/sack. The November contract fell 0.90%, to R$ 73.90/sack. This morning, domestic prices were pressured by the decline in equivalent cereal contracts in Chicago Board of Trade (CBOT)In the field, the winter crop harvest node South-Central Brazil It has already surpassed 61% of the cultivated area, according to monitoring by DATAGRO GrainsIn annual and multi-year comparisons, work in the current season is progressing slightly slower than in previous harvests. Individually among the states, the harvest has exceeded 90% in Mato Grosso, ahead of the multi-year average of 87.5%. In Minas Gerais and São Paulo, however, harvests have reached 29.0% and 15.0%, respectively, lagging behind the average of recent years. Meanwhile, the exchangeThe factor influencing the competitiveness of export-oriented grain was operating close to stability.
This text was translated by machine from Brazilian Portuguese.