Corn market remains sluggish

The corn market in Rio Grande do Sul remains slow, restricted to small local consumers, according to information from TF Agroeconômica. "Purchase indications oscillate between R$ 58.00 and R$ 72.00/sack, with a state average of R$ 62.00, according to Emater/RS-Ascar. Corn futures for February/26 remain quoted at R$ 69.00/sack at the port. Even with discreet stability, the environment remains locked and without significant prospects for a rise in the short term," it comments. The corn market in Santa Catarina remains without reaction and with low liquidity. "Producers remain firm in requests close to R$ 80.00/sack, while industries maintain proposals around R$ 70.00/sack, which keeps negotiations virtually halted. In the North Plateau, transactions continue to be occasional, varying between R$ 71.00 and R$ 75.00/sack, without relevant advances," it adds. The weather favors crops, but the market remains with few negotiations in Paraná. "Producers maintain asking prices close to R$ ...