B3 closes the day with stable corn prices and attention to rainfall.

Corn traded on B3 closed virtually stable on Wednesday, reflecting the dispute between internal and external factors that influence the market. According to TF Agroeconômica, the cereal's prices suffered small adjustments, driven by the 0.93% increase in Chicago and pressured by the 0.70% drop in the dollar. More favorable weather in the Midwest, which allowed the advancement of the second corn crop planting, and excessive rains in Paraná, which may cause localized damage to crops, were the main elements that determined the caution of investors. On B3, the contracts showed slight variations. The November/25 expiration closed at R$ 68.44, up R$ 0.40 on the day and R$ 0.03 on the week. The January/26 contract ended at R$ 71.78, rising R$ 0.05 on the day and R$ 0.14 on the week. The March/26 contract fell 0.07 on the day and 0.03 on the week, ending quoted at R$ 73.15. The combination of exchange rate stability, improved weather, and planting advances kept the domestic market within ...