Corn rises on B3 and in Chicago with optimism and high prices.

Corn started the week with strong appreciation, following the positive movement of international exchanges. According to TF Agroeconômica, the São Paulo Commodities Exchange (B3) followed the significant rise in Chicago, driven by investor optimism regarding the summit between Donald Trump and Xi Jinping, scheduled for this Thursday. Additionally, the change in the Argentine political scenario after the mid-term elections valued the local peso, which increased the competitiveness of Brazilian corn against Argentine corn, strengthening the domestic market. At B3, the consultancy states that the futures contracts ended the day with gains: November/25 closed at R$ 67.91, up R$ 0.72; January/26 at R$ 71.29, rising R$ 0.61; and March/26 at R$ 72.88, up R$ 0.70. At the Chicago Board of Trade, the December contract recorded an increase of 1.24%, to US$ 4.2875/bushel, and the March contract advanced 1.66%, to US$ 4.4425/bushel. The movement reflected optimism regarding the resumption of ...