At 9:40 am (Brasilia time) this Friday (24), the September corn contract traded on Brazilian Stock Exchange (B3) It was operating at a moderate low of 0.62%, quoted at R$ 70.34/sack. The November contract retreated 0.50%, to R$ 74.37/sack. On the other hand, in the partial week, futures have accumulated strong gains of 2.12% and 2.30%, respectively. On the previous day (23), the September contract advanced 0.96%, quoted at R$ 70.78/sack, while the November contract recorded an increase of 0.86%, to R$ 74.74/sack. This morning, domestic prices were pressured by the fall in equivalent corn contracts in Chicago Board of Trade (CBOT), as well as by the devaluation of exchange, which is unfavorable for the export of Brazilian grain. According to the survey by DATAGRO Grains from the harvest of the 2025/26 winter corn crop node South-Central BrazilAs of the 17th of this month, planting has reached 50.3% of the cultivated area, a pace below last season (56.4%) and lower than the multi-year average (51.7%). DATAGRO Grains 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.