EN 
PT_BR 
Corn prices continue their downward trend at the beginning of June in most of the regions monitored by... CepeaThe movement is mainly influenced by the more cautious stance of buyers in the spot market, who remain detached from immediate negotiations.
According to researchers at the institution, domestic demand has been drawing on existing stocks to meet short-term consumption, reducing the need for new purchases. At the same time, the progress of the second crop harvest and the recent devaluation of the grain in the international market reinforce downward pressure, reducing export parity and weakening price benchmarks in the domestic market.
On the sellers' side, this behavior also contributes to low liquidity. Producers who do not need to generate immediate cash or free up warehouse space have avoided closing new deals, waiting for possible price reactions. Some market participants expect prices to remain stable in the future, supported by projections of lower production in the 2025/26 harvest and the already observed climate risks, such as drought in Goiás and areas of Mato Grosso do Sul, as well as frosts recorded in Paraná.
In the international market, the beginning of June was marked by a sharp decline in international corn prices. The pressure stems from improved weather conditions in the main producing regions of the United States, increased supply from South America, and the progress of the second Brazilian corn harvest. The arrival of the Argentine harvest also reinforces the volume available in the global market. Adding to this picture is the devaluation of wheat, which negatively impacted corn prices on international exchanges.
