Corn closes the week in decline in Chicago and with adjustments in B3.

The corn market ended the week with distinct results between Brazil and the United States. According to information from TF Agroeconômica, B3 registered a mixed closing this Friday (3), reflecting the movements of the physical market, while in Chicago the cereal accumulated losses amid investor caution. At B3, the quotes for the current crop declined, but the contracts for the next crop managed slight gains. The November/25 expiration closed at R$ 65.98, up R$ 0.27 on the day and down R$ 0.24 for the week. The January/26 contract rose R$ 0.20 on the day to R$ 68.48, but fell R$ 0.61 for the week. The March/26 closed at R$ 70.94, with a slight decline of R$ 0.06 on the day and a weekly decline of R$ 0.91. Despite the increased competitiveness of Brazilian prices in recent days, domestic corn remains expensive compared to the American product. In the physical market, the Cepea indicator pointed to a 0.31% increase on the day and 0.67% for the week, supported by the demand from ...