MIlho remains breathless

The corn market in Rio Grande do Sul remains stagnant, with low liquidity and spot negotiations aimed at small local consumers, such as farms and domestic breeders, according to TF Agroeconômica. "Purchase indications range between R$ 67.00 and R$ 70.00/sack, while sales asking prices remain between R$ 70.00 and R$ 72.00/sack. At the port, the future price is R$ 69.00/sack for February/26," it comments. The corn market in Santa Catarina continues without momentum and with low liquidity, reflecting the large difference between asking prices 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 negotiations, which keeps the market virtually stagnant," it adds. The corn market in Paraná continues without reaction and with reduced liquidity, given the distance between asking prices and offers. "Producers remain firm in ...