Cepea's daily survey showed a new drop of 0.89% in average prices paid in the Campinas region, the country's main reference market, to R$ 36.32/bag. In the month of July, which ended last Wednesday (31.07), prices fell no less than 6.51%, pointed out T&F Consultoria Agroeconomic.
“Sellers continue to hold corn in the silo for spot sale, whether for export or the domestic market. As a result, only specific batches have been released, as prices do not reach the levels desired by producers. Furthermore, a large part of the winter harvest, in full harvest, has already been sold in advance and producers are taking the opportunity to speculate with the stored grain”, explains T&F analyst, Luiz Pacheco.
According to him, the purchasing end, in turn, purchases corn only if necessary, in small quantities and, above all, for the domestic market, trying to avoid an escalation in prices: “However, even with the caution of the agroindustry in When purchasing large lots, prices should continue to rise, due to the failure of the corn harvest in the United States.”
Prices offered for exports, to sellers 600 km away from the port, fell to R$ 31.35 (32.16 the previous day) for September; R$ 33.65 (34.46) for December and R$ 34.80 (35.56) for March 2020. Even the dollar's rise did not stimulate sales. Corn imported from Paraguay would arrive in Western Paraná at around R$ 32.98 (previous 32.75); to the West of Santa Catarina around R$ 36.20 (35.95) and to the Far West of SC around R$ 35.74 (35.49)/bag.
Post: Marina Carvejani
Author: Leonardo Gottems
Source: agrolink
