Corn/Cepea: Prices continue to rise in Brazil

Cepea surveys show that corn prices continue to rise in the domestic market. According to researchers from this Center, aware of the recent increases in foreign and domestic prices and concerned about the weather in the main regions that produce Brazil's summer harvest, sellers have been limiting the volume offered. On the demand side, Cepea researchers explain that international demand for Brazilian corn has been heating up, supported by the higher export parity. Domestic buyers have also resumed negotiations, either to replenish stocks and/or because they fear further increases in the ...