Summer harvest pressures corn market

The analysis by the International Center for Economic Analysis and Agricultural Market Studies (Ceema), referring to the period from October 31 to November 6 and published on Thursday (6), points to stability in corn prices in Brazil, with a "slight upward bias." According to the survey, the average price in the state of Rio Grande do Sul was R$ 62.31 per sack, while the main markets in the state maintained the R$ 60.00 from previous weeks. In the rest of the country, prices ranged between R$ 48.00 and R$ 63.00 per sack. On B3, on November 5, January 2026 was trading at R$ 71.72 per sack, March 2026 at R$ 73.14, and November 2025 at R$ 68.32. Ceema assesses that the national market "has little room to rise" in light of the last harvest, the appreciation of the real, which limits exports, more competitive external competition, and the advancement of the planting of the summer crop, even though there are "sporadic climatic problems." The institution observes that, in Brazil, "the ...