Corn recovers on B3: Understand

The consultancy highlighted that quotations gained strength after the release of the monthly reports. Conab slightly revised upwards the forecast for the 25/26 crop, although the volumes remain lower than those of the previous season, with a reduction of 1.6% in the first crop and 2.5% in the second. Abiove reported a recovery in the pace of exports in October, which started slow but is now only 3% below the same period last year. The average price in dollars accumulated a 2% increase for the year. On the Brazilian Stock Exchange, the closings reflected this scenario. November no longer has negotiations and a punctual adjustment occurred in 2026, but the other contracts advanced. November/25 closed at R$ 67.75, with a 0.14 drop on the day and a 0.47 drop for the week. January/26 closed at R$ 70.97, up 0.21 on the day and down 0.50 for the week. March/26 ended at R$ 72.59, with a daily gain of 0.08 and a weekly decline of 0.35. In the external market, prices in Chicago also rose. ...