Weather will continue to favor corn planting in Brazil

Published 2023년 3월 15일

Tridge summary

The article highlights the favorable weather conditions for planting in Brazil, with most producing regions experiencing rain, which is beneficial for the satisfactory development of crops. According to market analyst Ruan Sene, there is anticipation of record production which could drive quotations higher, especially with any resistance or additional demand. The expectation is for the agreement on corn exports to be renewed, however, Brazilian prices may continue to decline due to the positive production outlook for the country.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The weather will continue to favor planting in Brazil. The National Institute of Meteorology (INMET), points to the presence of rain in practically all producing regions of Brazil. See corn prices here. According to information from specialist Ruan Sene, market analyst at Grão Direto, so far, the development of crops remains satisfactory, maintaining the expectation of record production. movement in quotations, especially if there is any type of resistance or additional demands from any of the parties involved. The market expects the agreement to ...
Source: Agrolink

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