The international corn market remains in a state of uncertainty, with prices operating defensively on the Chicago Board of Trade (CBOT). According to analysis by TF Agroeconômica, the sideways behavior of prices is the result of technical adjustments and the lack of an external trigger that determines a clear direction in the short term. After two consecutive sessions of gains, funds took profits, resulting in the sale of about eight thousand contracts—a typical movement in markets without a consolidated trend. The combination of political uncertainties in the United States and geopolitical tensions involving Iran, Cuba, and Canada reinforces the conservative stance of investors, who prefer lower-risk strategies. In addition, the exclusion of the use of E-15 throughout the year from the U.S. budget package brought frustration to the market, reducing the expectation of higher demand for corn for ethanol production. With this, prices remain below important technical averages, making ...