World: Conab reassures foreign corn market

In Paraguay, the internal market remains not the best option The report released by the National Supply Company (Conab) conveyed more tranquility to the corn export market, according to information released by TF Agroeconomic. “Premiums remained at $63 in July/24, at $60 in August/24, at $60 in September/24 and dropped to $60 for October/24, in the port of Santos”, he comments. “The announcement of lower stocks by Conab, this Wednesday, brought more tranquility to local industries, although not much, because, if the data for January is higher than that of December and even higher than that of last year. As a result, there could be a drop in domestic prices to such a point that they become interesting for export, which, in turn, could reactivate them”, he adds. In China, the March corn price continues to fall, falling -26 CNY/t; corn starch in March fell -15 CNT/t; that of eggs rose by 17 CNY/500 ml units and that of pigs fell by 135 CNY/t. In Argentina, the final price this ...