Prices remain unchanged in the Brazilian corn market

Published 2023년 2월 28일

Tridge summary

The article reports that corn prices in Rio Grande do Sul, Brazil, have remained stable, with no changes reported by TF Agroeconomia. The prices for export are not expected to exceed R$ 90.00 per bag, and the local prices vary from R$ 87.00 to R$ 92.50 depending on the region. The market in Santa Catarina has seen slight price reductions with the absence of sellers. However, the market in Paraná has come to a complete halt, with no new transactions reported, indicating a well-stocked market and a lack of urgency among sellers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the corn market in the state of Rio Grande do Sul, prices remain unchanged, according to information released by TF Agroeconomia. “In the market there is practically no novelty. Trading companies did not indicate prices, but, exercising the export account, prices would not be higher than R$ 90.00 port for export, but not closing the account for most regions due to freight”, he comments. “Prices for March (industry post) R$ 87.00 Great Santa Rosa, R$ 91.50 Marau region, R$ 92.50 Lajeado region. Seller continues asking between R$ 86.00 to 89.00 interior (when there are offers). Stone prices in Panambi fell to R$ 82.00 a bag”, completes the consultancy. Buyer prices in Santa Catarina have slightly retreated, with sellers absent. “Taxed corn for small buyers between BRL 69/90/bag depending on shipping or BRL 91 for 30 days, in the Midwest of Santa Catarina. Regional corn at R$ 92 post-factory, with a seller between R$ 93/94, few deals. Exportation again indicated prices below R$ ...
Source: Agrolink

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