Premiums paid to Brazilian corn for export ended the week on a high, according to information released by TF Agroeconomia. “Premiums retreated to $12 cents/bushel for July23; for $42 August; for $38 in September; to $40 for October and maintained at $55 cents for November,” he comments. “Brazilian exports are feeling the lack of Chinese appetite for corn, at least in the short term. The Chinese have already canceled more than 1.1MT and purchases made in the US, but have not yet replaced them with Brazilian corn, for the coming months. There is a relative demand for the last two months of the year, but that does not push up domestic prices”, he adds. In Paraguay, prices have improved, stimulating business and the new crop is beginning to move forward.
원본 콘텐츠
Premiums paid to Brazilian corn for export ended the week on a high, according to information released by TF Agroeconomia. “Premiums pulled back to $12 cents/bushel for July23; for $42 August; for $38 in September; to $40 for October and maintained at $55 cents for November,” he comments. “Brazilian exports are feeling the lack of Chinese appetite for corn, at least in the short term. The Chinese have already canceled more than 1.1MT and purchases made in the USA, but have not yet replaced them with Brazilian corn, for the coming months. There is a relative demand for the last two months of the year, but that does not push up domestic prices”, he adds. In Paraguay, prices have improved, stimulating business and the new crop is beginning to move forward. “Corn kept prices stable for practically the whole day, mainly in the FAS, maintaining the numbers of the previous day, which did not stimulate the sellers, who expected better values to continue with their lots, and the numbers ...