Corn continues with restricted movement

The corn market in Rio Grande do Sul continues with very restricted movement, according to information from TF Agroeconômica. “Even with this progress, liquidity remains low and the environment continues to be stuck, as the February/26 contract at the port remains at R$ 69.00/sack without recent changes. The lack of incentives for new business keeps the pace slow,” it comments. Santa Catarina recorded few transactions and a slight advance in sowing that is approaching its end. “The asking prices remain close to R$ 80.00/sack, while the offers stay around R$ 70.00/sack, which prevents any progress in negotiations. In the North Plateau, the few transactions still appear between R$ 71.00 and R$ 75.00/sack, reinforcing the slow pace in the state. The lack of consensus between the parties keeps the environment stagnant,” it adds. Thus, the corn market in Paraná remains stuck, with scarce negotiations and a large gap between the references of buyers and sellers. “The asking prices ...