Domestic and international corn values ​​operate in opposite directions

The internal and external values ​​of corn ended the last week in opposite directions. According to researchers from Cepea, in Brazil, low consumer interest and greater flexibility on the part of sellers – some need to “cash out” – have resulted in a decline in prices.

These agents are attentive to estimates indicating good production in the summer harvest and comfortable stocks.

In the United States, futures advanced, driven by the appreciation of oil, the slower pace of harvesting and data from the USDA (United States Department of Agriculture) showing stocks below what agents expected.