Corn negotiations are slow

In the corn market of the state of Rio Grande do Sul, the advance in sowing contrasts with the slowness in negotiations, according to information from TF Agroeconômica. "The internal supply still depends on grains coming from other states and Paraguay, as the state's supply remains limited. Purchase indications vary between R$ 67.00 and R$ 70.00/sack, while sales bids remain between R$ 70.00 and R$ 72.00/sack. At the port, the futures price is R$ 69.00/sack for February/26," it comments. The corn market in Santa Catarina continues without momentum and with low liquidity, a reflection of the large difference between bids and offers. "Producers remain firm in requests close to R$ 80.00/sack, while industries do not exceed R$ 70.00/sack. In the North Plateau, negotiations remain between R$ 71.00 and R$ 75.00/sack, with no progress in the negotiations, which keeps the market practically stagnant," it adds. The corn market in Paraná remains with reduced liquidity and limited ...