At 9:31 am (Brasilia time) this Wednesday (17), the July corn contract traded on Brazilian Stock Exchange (B3) It was operating with a slight decrease of 0.11%, quoted at R$ 63.91/sack, with an accumulated weekly drop of 0.23%. On the other hand, the September contract showed stability with an upward bias (+0.07%), at R$ 67.05/sack, with a partial advance of 0.33% in the week. Yesterday (16), futures closed the day in mixed territory: July fell 0.57%, to R$ 63.98/sack; while September rose 0.07%, to R$ 67.00/sack. This morning, domestic cereal prices were pressured by the advance of 2025/26 winter corn harvest node South-Central Brazil which reached 6.4% of the projected area, according to the survey conducted by DATAGRO Grains until last Friday (12). The pace is similar to that observed in the same period last year (6.5%) and the average of the last five harvests (6.6%). In Mato Grosso and Paraná, the first and second largest national producers, fieldwork is at 12% and 1.8%, respectively. A DATAGRO Grains It is projected that 112.3 million tons of corn will be harvested in the winter crop, representing a 5% decrease compared to the previous season. However, a significant portion of this loss should be offset by the summer crop, whose production jumped 14% to 28.9 million tons in the 2025/26 cycle. On the other hand, the advance of corn in [the market/industry] supported national corn prices. Chicago Board of Trade (CBOT), as well as the appreciation of exchange, a factor that increases the competitiveness of grain destined for export.
This text was translated by machine from Brazilian Portuguese.