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The Mato Grosso Institute of Agricultural Economics (IMEA) released a report providing updates on the state's corn harvest. The report highlights that, despite the increased corn supply driven by the completion of field work in the state, the available price of the grain appreciated by 0.271 TP4T last week, trading at R1 TP5T 43.03\/sc.\u00a0<\/p>\n
\u201cThis upward movement was sustained by the greater appetite of industries (ethanol and animal feed), combined with the appreciation of the dollar and the strength of futures contracts in Chicago,\u201d explains the report.\u00a0<\/p>\n
Imea technicians also point out that in the annual comparison, corn prices in Mato Grosso are currently 11.46% higher than those recorded in the same period in 2024.\u00a0<\/p>\n
From now on, projections are good, as \u201cindustrial demand tends to be more intense at the beginning of the second half of the year,\u201d says the Institute.\u00a0<\/p>\n
"Despite this, a bumper harvest in the US could reduce the attractiveness of Brazilian corn in the foreign market, as American prices tend to become more competitive. Therefore, despite the recent appreciation, the price scenario remains marked by uncertainty, especially given the combination of increased domestic supply and expectations of ample availability in the global market in the second half of the year," the publication emphasizes.\u00a0<\/p>\n
HARVEST COMPLETED\u00a0<\/h2>\n
Imea also officially closed the harvest of the second corn crop in the state, two weeks later than last season.\u00a0<\/p>\n
The delay was due to "climatic factors that postponed the start of the soybean harvest and the planting of the second corn crop. The delay was only not greater due to the intensification of the harvest in the second half of July, despite occasional rains even in August, something that is not common in Mato Grosso," the technicians explain.\u00a0<\/p>\n
From the point of view of crop development, prolonged rainfall favored the development of areas, including plots that were sown outside the ideal window, positively reflecting on the season's yields.\u00a0<\/p>\n
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