At 9:57 am (Brasilia time) this Thursday (23), the September corn contract traded on Brazilian Stock Exchange (B3) The September futures contract was trading at a moderate high of 0.83%, quoted at R$ 70.69/sack; the November contract recorded gains of 0.80%, at R$ 74.69/sack. For the week so far, futures have accumulated gains of 2.63% and 2.74%, respectively. On the previous day (22), the September contract rose 1.43%, to R$ 70.11/sack, and the November contract advanced 0.94%, to R$ 74.10/sack. This morning, domestic prices were benefiting from the advance of… exchange, a factor that increases the competitiveness of Brazilian corn destined for export, as well as the appreciation of equivalent contracts in Chicago Board of Trade (CBOT)Furthermore, the market is monitoring the progress of 2025/26 winter corn harvest node South-Central BrazilAccording to DATAGRO GrainsAs 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.