Brazilian corn market should have weak movement in business

Published 2023년 2월 28일

Tridge summary

The article highlights the shift in focus from corn to soybeans among producers, leading to a decrease in corn supply domestically. Despite this, the international Chicago Stock Exchange and the dollar's performance against the real remain stable. The Brazilian corn market has seen little movement, with prices ranging across different ports and states, reflecting the current market dynamics.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the domestic scenario, producers are turning their attention to the harvest and sale of soybeans, a scenario that reduces the supply of corn in general. With regard to the international scenario, the Chicago Stock Exchange operates in a moderate fall and the dollar has a slight rise against the real. The Brazilian corn market recorded stable prices on Monday. The week began with weak movement on all sides of the market, as highlighted by SAFRAS & Mercado consultant Paulo Molinari. But there is little supply in general, with everyone focused on soybeans, he said. In the Port of Santos, the price ranged from R$ 89.00 (purchase) to R$ 93.00 (sale) per bag (CIF). In the Port of Paranaguá, quotation between R$ 89.00/93.00 per bag. In Paraná, the quotation was R$ 83.00/85.00 a bag in Cascavel. In São Paulo, price of R$ 83.00/85.00 at Mogiana. In Campinas CIF, price ...

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