Corn retreats on B3 under pressure from Chicago and the dollar.

The corn futures market closed the week lower on B3, pressured by the drop in prices in Chicago and the devaluation of the dollar, according to TF Agroeconômica. The combination of these factors brought the prices of futures contracts closer to the physical market, which, on the other hand, showed a slight appreciation. According to Cepea, the average value of corn rose 1.27% in the week, while the January/26 contract on B3 remained virtually stable, reflecting a momentary balance between supply and demand. The behavior of the prices shows a scenario of caution among buyers and sellers. The dollar fell 0.82% in the period, which reduced the attractiveness of exports and directly influenced the prices on the Brazilian exchange. The futures contracts closed the day mixed: November/25 ended quoted at R$ 67.72, with a daily low of R$ 0.50 and a slight weekly increase of R$ 0.01; January/26 closed at R$ 71.11, a drop of R$ 0.36 on the day and R$ 0.01 on the week; and March/26 ended at ...