Cepea, May 4, 2022 – Focused on the development of the second crop in Brazil and aware of the current bad weather conditions in the United States – which have not been favoring sowing –, the agents in the Brazilian corn sector were not interested in closing deals in the national spot market in late April, constraining liquidity. Some purchasers reported to have corn stocked, and sellers were still considering cash flow needs and the necessity of room in warehouses.
USA – Amid the current unfavorable weather conditions in the USA, the American corn output is estimated by the USDA at 383
Fonte: CEPEA