Corn continues with restricted movement

The corn market in Rio Grande do Sul continues with very restricted movement, according to information from TF Agroeconômica. "Liquidity remains low and the environment remains stuck, as the February/26 contract at the port continues at R$ 69.00/sack, with no recent changes. The lack of incentives for new business keeps the pace slow, while the expectation of a high harvest and the fear of the effects of avian flu on consumption and exports continue to pressure negotiations," it comments. The corn market in Santa Catarina remains practically paralyzed. "Asking prices remain close to R$ 80.00/sack, while offers remain around R$ 70.00/sack, preventing any progress in negotiations. In the North Plateau, business is scarce 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. In this scenario, the corn market in Paraná remains stuck, with very scarce negotiations and a significant ...