Corn prices have fluctuated over the last week. At the beginning of the period, prices rose in most of the regions monitored by Cepea, supported by the appreciation of cereals in ports and the intense pace of exports in August. However, the increases ended up being limited by the greater supply of the second harvest.
Furthermore, many consumers still have stocks and report having no difficulties in making new purchases. Sellers, even with large volumes to negotiate, requested, in some periods, higher values, aware of the increase in prices at the ports, the reduction in the harvest rate in part of the markets, due to the rains, and the reduction in the storage deficit.
Thus, the ESALQ/BM&FBovespa Indicator (Campinas – SP) rose 0,7% between August 12th and 19th, closing at R$ 82,16/sc on Friday, 19th.
Receive the latest agriculture news by email
Receive the latest agriculture news by email
The decision was made following a request for reconsideration, received as an internal appeal; the main basis was the content of ADI 5529
The movement is related to China's difficulty in internalizing the approximately 10 million tons of grain that were normally brought from Ukraine, in addition to the incidence of pests in crops that the Asian country has faced.
