At 9:24 am (Brasilia time) this Wednesday (29), the September corn contract traded on Brazilian Stock Exchange (B3) The September contract was operating at a moderate low of 0.80%, quoted at R$ 69.85/sack; the November contract retreated 0.70%, to R$ 74.82/sack. In the accumulated week, the maturities registered losses of 1.03% and 0.11%, respectively. Yesterday (28), the September contract appreciated 1.82%, quoted at R$ 70.41/sack, while the November contract advanced 2.73%, to R$ 75.35/sack. This morning, domestic prices were supported by the decline in equivalent corn contracts in Chicago Board of Trade (CBOT), as well as by the downward bias of the exchangewhich reduces the competitiveness of Brazilian cereal exports. Investors are also monitoring the progress of 2025/26 winter corn harvest node South-Central from BrazilFieldwork has reached 61.5% of the projected area, following a weekly advance of 11.2 percentage points, according to a survey conducted by… DATAGRO Grains until last Friday (24). In the same period of the previous season, work was at 69.1%; on average over the last five years, at 62.6%. 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.