Corn continues with reduced liquidity

The market for Rio Grande do Sul corn continues with reduced liquidity and spot negotiations, restricted to small local consumers, according to information from TF Agroeconômica. "The state's supply still depends on the entry of grains from other states and Paraguay, as the internal supply remains limited. Purchase indications range between R$ 67.00 and R$ 70.00/sack, while asking prices remain at R$ 70.00 to R$ 72.00/sack. At the port, the futures price is R$ 69.00/sack for February/26," it comments. The market for Santa Catarina corn follows the same pattern as Rio Grande do Sul. "Producers maintain requests close to R$ 80.00/sack, while industries do not exceed R$ 70.00/sack. In the North Plateau, deals occur between R$ 71.00 and R$ 75.00/sack, with no significant advances, keeping the market virtually stagnant," it adds. Slight drops in the internal market quotations in Paraná. "Producers remain firm in requests close to R$ 75.00/sack, while industries limit their offers to R$ ...