Corn market remains little active

The corn market in Rio Grande do Sul remains little active, restricted to spot purchases by small consumers, according to TF Agroeconômica. "Quotations remain between R$ 60.00 and R$ 70.00/sack, while the state average advanced 0.34% to R$ 62.52, up from R$ 62.31 the previous week. Even with this adjustment, liquidity remains very low and the market remains stuck. At the port, the February/26 contract remains stable at R$ 69.00/sack, reinforcing the lack of relevant oscillation. The business dynamic continues limited and without signs of reaction," it comments. Negotiations remain stuck and sowing is almost concluded in Santa Catarina. "With this, the spot environment remains stagnant and without strength for recovery. In the North Plateau, business continues spotty, between R$ 71.00 and R$ 75.00/sack, without relevant changes and keeping the market stuck due to the lack of consensus between the parties. The absence of alignment continues to block the advancement of negotiations," ...