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Sellers? retraction push up corn quotes in Brazil

Cepea, August 17 – Corn quotes increased in the Brazilian market in the first fortnight of August, reflecting sellers’ retraction. As the harvesting has ended and most of the crop has already been traded, mainly from central-western Brazil, only occasional trades were closed in the first fifteen days of the month. Demand, on the other hand, was firm in that period, mainly from the consuming market from São Paulo State and at Santos (SP) port, the main exportation route for the Brazilian corn
Fonte: CEPEA



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