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After falling for eight consecutive weeks, corn prices rose again in most regions monitored by Cepea. In the ports of Santos (SP) and Paranaguá (PR), values were influenced by the high level of the dollar – especially at the beginning of last week – and by advances in external futures.
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According to data from Cepea, in the interior of the country, sellers, aware of this scenario and also the lower volume of rain in November – which generates some concern regarding the development of the summer harvest –, moved away from the national spot, waiting intensification of the recent upward movement in prices. Buyers in most of the markets monitored by Cepea appear to be supplied – which even limited the increase in prices. Given this, the pace of commercialization both in the interior and in ports was still slow and below that observed in previous years. In the countryside, even with the reduction in rainfall throughout November and the resulting concerns, the development of summer crops remains satisfactory.
By: Aline Merladete | agrolink
