Home RECENTES With low supply and firm demand in Brazil, Index hits a new nominal record

With low supply and firm demand in Brazil, Index hits a new nominal record

Redaçãomar 18, 2020RECENTES0

Cepea, March 18, 2020 – Corn prices continued on the rise in the Brazilian market in the first fortnight of March, hitting new nominal records in all Cepea series (ESALQ/BM&FBovespa Index). The boost came from the low supply and firm demand in the domestic market. Although the harvesting of the summer crop corn is advancing in southern Brazil, due to the favorable weather, many corn growers prefer to trade soybean rather than corn, limiting supply
Fonte: CEPEA