Corn continues with slow progress

The corn market in the state of Rio Grande do Sul continues at a slow pace with little disposition for new business, according to information from TF Agroeconômica. "Prices range between R$ 59.00 and R$ 72.00, while the state average rose 0.34%, reaching R$ 62.52, up from R$ 62.31 last week. Even with this positive adjustment, liquidity remains low and the market continues stalled. At the port, the futures contract for February/26 remains stable at R$ 69.00/sack. Even with punctual adjustments, the business dynamics remain limited in the state," it comments. The corn market remains stopped in Santa Catarina, with very low liquidity. "The bids remain close to R$ 80.00/sack, while the offers continue around R$ 70.00/sack, with no signs of approaching. With this, the spot market remains stagnant and without momentum for resumption. In the North Plateau, business remains only punctual, between R$ 71.00 and R$ 75.00/sack, without relevant progress. The lack of consensus between sellers ...