Competitiveness of Brazilian corn may be compromised

The report indicates good productive potential and points out that the harvest should advance at an accelerated pace, potentially exceeding 25% of the projected total area. The forecast of drier and warmer weather is expected to favor the progress of machinery and increase supply in the coming weeks. Despite this, the demand for U.S. corn remains heated, which tends to sustain prices even in the face of the expectation of high production. In Brazil, the pace of exports has shown a slight increase in recent weeks, but it is still below the historical average for the period. The commitments made so far are significantly lower compared to the same period last year. Grão Direto assesses that the country faces difficulties in maintaining its competitiveness against other exporters, such as Argentina and the United States, which currently practice lower prices in the international market. The analysis highlights that Argentine competition is expected to intensify from December, with the ...