Corn prices fall on B3 after profits.

Corn traded on B3 closed Wednesday lower, according to information from TF Agroeconômica, in a move to take profits after three consecutive sessions of appreciation. Despite the correction, the first three contracts of the expiration are still accumulating gains of over 2% in the first days of the month, sustained by a scenario of firm exports and active domestic demand, which keeps prices supported both in producer markets and at ports. The retraction of this session occurs at a time when the delay in soybean planting in some producing regions adds a risk premium to second-crop corn, directly impacting B3 negotiations. For market agents, the slower advance of the oilseed increases uncertainty about the ideal sowing window for the cereal, which may impact the productive potential and direct commercial decisions. On B3, the January/26 expiration closed at R$ 75.00, down R$ 1.47 on the day but up R$ 2.01 for the week. The March/26 contract closed at R$ 76.48, a daily drop of R$ 0.93 ...