Corn remains stalled in the South

The corn market in the state of Rio Grande do Sul remains stalled, with planting progress within the average, according to information from TF Agroeconômica. "The state still depends on the entry of grains from other regions and Paraguay, as the internal supply remains restricted. Purchase indications remain between R$ 67.00 and R$ 70.00/sack, while asking prices remain firm between R$ 70.00 and R$ 72.00/sack. At the port, corn futures for February/26 are quoted at R$ 69.00/sack," it comments. Negotiations are slow and planting progress is at a good pace in Santa Catarina. "Producers continue to hold firm on requests close to R$ 80.00/sack, while industries maintain proposals around R$ 70.00/sack, which keeps the scenario practically stagnant. In the North Plateau, negotiations remain punctual, varying between R$ 71.00 and R$ 75.00/sack, without relevant advances," it adds. The corn market in Paraná remains slow and with low liquidity, a reflection of the mismatch between asking ...