Corn shipments grow with advance contracts

Corn shipments grow with advance contracts Data from Secex show that, until the 20th business day of September, Brazil exported 6.6 million tons of corn—a volume higher than the same period in 2024. The result is a reflection of deals made earlier, according to Cepea, since liquidity at ports is limited. Prices paid in Paranaguá (PR) and Santos (SP) operate at levels close to the domestic market, reducing the appetite of new sellers for export. This price parity has stalled last-minute negotiations. Crop accumulation is still below last year Even with the advance in September, the accumulated numbers of the 2024/25 crop still indicate a decline. Between February and the partial of September, 18.8 million tons of corn were shipped, 4% less than in the same interval of 2024. Risk of ...