Cepea, December 4 2018 – Corn prices had opposite behaviors among the Brazilian regions surveyed by Cepea in November. In the corn-producing regions, mainly from Paraná and Rio Grande do Sul, quotes dropped, pressed down by the good development of the summer crop, which underpins the estimates for a high supply in the coming months.
In central-western Brazil, also a corn-producing region, and in the typical consuming areas, such as São Paulo State, prices rose in November, boosted by purchasers’ needs to replenish inventories and sellers’ retraction – concerns about freight and expectations for higher price levels in the coming weeks led
Fonte: CEPEA
