The November corn contract traded on Brazilian Stock Exchange (B3) The contract closed this Tuesday (1st) with a strong increase of 1.26%, quoted at R$ 78.55/sack; the January contract rose 1.17%, to R$ 81.85/sack. In this trading session, domestic prices were driven by the advance of equivalent corn contracts in Chicago Board of Trade (CBOT)However, further gains were limited by the devaluation of exchange, a factor that reduces the competitiveness of Brazilian grain destined for export. Near the end of negotiations in B3Meanwhile, the dollar was down 0.60% at R$ 5.15. In the field, the 2025/26 winter corn harvest node South-Central Brazil reached 95.6% of the projected area, following a weekly increase of 3.4 percentage points, according to a survey conducted by DATAGRO Grains until last Friday (28). At the same time last season, work was at 98.4% of the area, while the average for the last five years for the date is 94.3%.
This text was translated by machine from Brazilian Portuguese.