Brazilian corn market seeks reaction without port support

Published Oct 17, 2025

Tridge summary

When the domestic market attempts to react without considering the factors supporting prices, the movement ends up being temporary, returning to lows as soon as domestic supply resurfaces. This is what we are experiencing domestically right now. On the one hand, producers are holding back corn and seeking better prices, which is perfectly fair. On

Original content

the other hand, consumers are trying to avoid raising prices, as the port is not experiencing a surge, and competition in the interior is not becoming fiercer, which is also normal. The risk is that domestic market prices will begin to rise significantly above port levels, and trading companies will shift operations to meet domestic demand rather than new export vessels. Last week’s weaker exchange rate helped reduce CBOT pressures on port prices. Rainfall is beginning to advance in more regions of the Center-South this week, signaling a more favorable window for planting the 2026 second crop, but so far, it has not been problematic. Summer crop planting is progressing well in the South of the country thanks to the October rain. Most crops are still in vegetative development and should reach pollination and silking in November/December. The most advanced crops, as always, are in the far west of Rio Grande do Sul, a region that could suggest harvests beginning in January. In the ...

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