Corn registers a reaction and reaches a higher price

Corn prices remain firm in the domestic market, according to a Cepea survey.

According to the Research Center, sellers remain cautious, limiting availability to domestic consumers and offering lots at higher prices.

Thus, even with high availability, buyers with a greater need to purchase came across higher levels.

In the partial of September, until the 18th, the ESALQ/BM&FBovespa Indicator (Campinas – SP) registered an average of R$ 64.92/60 kg bag, the highest in three months.

As for Brazilian corn exports, after spending much of the year recording below-expected performance, shipments have picked up a bit more pace now in September.

In the first ten working days of this month, 3.05 million tons of cereal were shipped, which represents practically half of the entire volume shipped in September/24.