At 9:33 am (Brasilia time) this Thursday (6), the September corn contract traded on Brazilian Stock Exchange (B3) It was operating with a slight decrease of 0.48%, quoted at R$ 67.97/sack; the November contract recorded losses of 0.45%, at R$ 72.67/sack. In the partial week, futures accumulate a drop of 1.78% and 1.66%, respectively. On the previous day (5), the September contract fell 0.51%, to R$ 68.30/sack, and the November contract advanced 0.34%, to R$ 73.00/sack. This morning, domestic prices were pressured by the devaluation of exchangeThis factor reduces the competitiveness of grain destined for export. Furthermore, the decline in equivalent corn contracts in… Chicago Board of Trade (CBOT) This also contributed to the negative bias. In the field, market agents also monitor the progress of 2025/26 corn harvest node South Central BrazilAccording to DATAGRO GrainsAs of last Friday (31), work had reached 69.6% of the projected area, after a weekly advance of 8.1 percentage points. In the same period of the previous season, work was at 79.3% of the area, while the average for the last five years is 70.6%. On the radar, the Secretariat of Foreign Trade (Secex) will release today the final export figures for the month of July.
This text was translated by machine from Brazilian Portuguese.