Corn marketing divides Brazilian regions during harvest

Updated Sep 26, 2023
The harvest of the second crop and the sowing of the summer crop continue to progress in most Brazilian regions, however, the marketing of corn has presented a divergent scenario, with buyers prioritizing the use of previously negotiated stocks. According to researchers from the Center for Advanced Studies in Applied Economics (Cepea), this trend is causing significant price variations across the country. In second-crop producing regions and those with high stocks, corn prices have faced sharp drops. This is largely due to the abundant supply of grain in these areas, resulting from the ongoing harvest. Farmers who managed to bring forward their sales are benefiting from the stability of previously agreed prices. On the other hand, in consumer regions and those that only plant the summer crop, corn prices are on the rise. In these places, demand for cereal is strong, since many producers still do not have access to the new harvested corn and depend on their reserves or the market ...
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