The Right Time to Sell Corn?

According to TF Agroeconômica, the main recommendation for corn producers is to closely monitor the futures market and price charts, seeking to make sales at times of higher profitability and avoiding periods of loss. The consultancy warns that geopolitical conflicts, such as the war in the Middle East, can bring temporary price spikes - Iran, for example, is the second-largest buyer of Brazilian corn - but these fluctuations tend to be short-lived, as occurred with wheat during the Russia-Ukraine war. Thus, the ideal is to take advantage of these positive movements to ensure margins above production costs. Among the upward factors identified by TF, the following stand out: the adjustment of US stocks, with higher exports and final stocks below forecasts; the increase in oil prices due to tensions in the Middle East, which can exceed US$ 100 per barrel and benefit the biofuels market; and the favorable numbers from the North American ethanol industry, with increased production and ...