Corn remains with low liquidity

The corn market in Rio Grande do Sul remains with low liquidity and restricted negotiations, concentrated on small consumers and regional cooperatives, according to information from TF Agroeconômica. "Purchase indications vary between R$ 58.00 and R$ 72.00/sack, with a state average of R$ 62.00, according to Emater/RS-Ascar. At the port, the corn futures for February/26 remain stable at R$ 69.00/sack. Even with this scenario of slight stability, the market shows no signs of reaction in the short term," it comments. In Santa Catarina, the panorama is not different. "The asking prices remain close to R$ 80.00/sack, while the offers hover around R$ 70.00/sack, which keeps the negotiations practically stalled. In the Planalto Norte, the deals continue to be occasional, between R$ 71.00 and R$ 75.00/sack, without significant advances," the consultancy adds. In Paraná, the market progresses little and slight increases indicate stability. "The asking prices of the producers remain close ...