The competitiveness of U.S. corn, driven by a sequence of good harvests and the devaluation of the dollar, has directly impacted the export agenda of major producers like Brazil. The information comes from Raphael Bulascoschi, Market Intelligence Analyst at StoneX, a global financial services company. "Despite having reached a record production of 140 million tons in 2025, the Brazilian producer shows less interest in accessing the international market in the face of lower prices and the appreciation of the real," he said.