Corn Closes Higher on B3 and in Chicago

Corn futures closed higher on both B3 and the Chicago Board of Trade (CBOT), driven by factors such as delays in the Brazilian second crop harvest, dollar appreciation, and opportunistic purchases in the international market. According to an analysis by TF Agroeconômica, the dollar's rise on Wednesday (9) provided additional momentum to B3 quotations, amid uncertainties generated by potential U.S. tariffs on Brazilian products. On B3, the July/25 contract closed at R$ 62.99, with a rise of R$ 0.75 for the day and week. The September/25 contract advanced R$ 1.35 during the day, closing at R$ 63.80, with a weekly increase of R$ 1.86. The November/25 contract rose R$ 1.13 for the day and R$ 1.51 for the week, closing at R$ 67.72. The slowdown in harvesting is concerning, limiting export pace, but TF highlights Brazilian producers' recovery capacity as a relevant factor for the coming months. In the international market, corn also showed gains, with emphasis on opportunistic ...