EN 
PT_BR 
The summer corn harvest is progressing, while the weather has favored the development of second season crops. This scenario has kept consumers away from negotiations, prioritizing the use of stocks in anticipation of further devaluations. On the seller's side, although attention has been focused on the development of the harvest, agents have been more flexible in negotiations, both in terms of values and payment terms, due to the proximity of the second crop harvest.
Photo: Albari Rosa
To date, Brazilian production is expected to total 126.87 million tons (considering the three harvests), an increase of 9.9% compared to the previous harvest. In the Brazilian field, the second harvest has been showing satisfactory development, while the summer harvest reached, until May 10, 77.6% of the national area, according to Conab.
In global terms, production for 2025/26 is forecast at 1.26 billion tonnes, an increase of 4% compared to the 2024/25 season, with emphasis on the United States, which may harvest 401.84 million tonnes, a record, according to data from the USDA (United States Department of Agriculture).
As a result, the Esalq/BM&FBovespa Indicator (Campinas – SP) fell by a considerable 8.8% between April 31 and May 15, closing the fortnight with an average of R$ 73.07/60 kg bag. In the partial month (up to the 15th), the average is 9.5% below that of March. Among the regions monitored by Cepea, in the first half of May, prices fell by 8.3% in the batch market (negotiation between companies) and 6.4% in the over-the-counter market (price received by the producer).
