Corn retreats on B3 with market stalled and declines in Chicago

Published 2025년 11월 20일

Tridge summary

The corn market recorded a day of decline on B3, influenced by the drop in Chicago and a domestic environment of stalled negotiations, according to TF Agroeconômica. Despite the negative adjustments, the physical market remains firm, with few deals, as most producers remain focused on planting. Anec revised upward the export projection for November, increasing the estimate by 5.30%, benefiting from the attractiveness of Brazilian corn following the recent recovery of external prices.

Original content

The corn market registered a day of decline on B3, influenced by the drop in Chicago and a domestic environment of stalled negotiations, according to TF Agroeconômica. Despite the negative adjustments, the physical market remains firm, with few deals, as most producers remain focused on planting. Anec revised upward the export projection for November, increasing the estimate by 5.30%, benefiting from the attractiveness of Brazilian corn following the recent recovery of external prices. On B3, futures contracts had a mixed performance. January 2026 ended the day at R$ 70.89, down R$ 0.38, but still with a slight weekly increase of R$ 0.13. March 2026 closed at R$ 72.28, down R$ 0.09 for the day and losing R$ 0.23 for the week. May 2026 ended at R$ 71.59, retreating R$ 0.16 for the day and accumulating a weekly devaluation of R$ 0.32. In Chicago, corn also registered a decline due to profit-taking by funds. The December contract fell 1.60 percent, dropping seven cents to 4.2975 ...
Source: Agrolink

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