| Corn

Soy and corn: Overview of the week in MT - 16/12/2022

After irregular rainfall, concerns about soybean cultivation are now focused on the incidence of diseases; Commercialization of the 21/22 corn harvest is delayed compared to the previous harvest

16.12.2022 | 13:02 (UTC -3)

Fernando Marques, Tarken analyst

Even with the weather irregularities observed at the beginning of this 22/23 soybean harvest in the state of Mato Grosso, the oilseed planting areas have been developing well.

However, with the state beginning to regularize the rainfall regime, concerns are now focusing on the incidence of diseases, as the lines are closing and the environment begins to become more favorable to diseases such as target spot, brown spot (septoria), cercospora and other diseases characteristic of the culture.

Tarken prices for a bag of soybeans in Mato Grosso today (evaluating the fall or rise compared to the last 5 days):

• Alta Floresta - R$ 156,87/sc (drop of 1,24%)

• Smile - R$ 165,44/sc (down 0,96%)

• Araguaiana - R$ 169,27/sc (drop of 0,71%)

• Cassilândia - R$ 169,53/sc (down 0,76%)

• Sapezal - R$ 166,90/sc (drop of 1,31%)

• Itiquira - R$ 172,04/sc (down 0,75%)

• Cuiabá - R$ 171,26/sc (drop of 0,83%)

corn market

Commercialization of the 21/22 corn harvest is at 85,90% according to the bulletin released on December 9th by Imea (Mato Grosso Institute of Agricultural Economics). This percentage represents a 9,15 pp delay in cereal sales when compared to the same period last harvest.

However, the estimated supply of corn for the 21/22 harvest compared to the previous harvest is growth, at 34,63%, mainly due to the growth in production in the state and the increase in demand for the production of ethanol and feed on the world market.

Tarken prices for a bag of corn in Mato Grosso today (evaluating the fall or rise compared to the last 5 days):

• Alta Floresta - R$ 66,69/sc (drop of 0,15%)

• Smile - R$ 68,08/sc (up 0,68%)

• Araguaiana - R$ 72,11/sc (up 0,22%)

• Cassilândia - R$ 75,01/sc (up 0,92%)

• Sapezal - R$ 68,48/sc (drop of 0,21%)

• Itiquira - R$ 72,67/sc (up 0,38%)

• Cuiabá - R$ 73,06/sc (drop of 0,25%)

Analysis of the week - 16/12/2022

In general, the soybean market registered a slight drop in the state of Mato Grosso this week, while the corn market appears more irregular between the different regions of the state