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With disinterested purchasers, corn prices drop in most Brazilian regions

Cepea, September 2nd, 2021 – Corn prices faded in most Brazilian regions surveyed by Cepea in August, reflecting the disinterest of purchasers, who expect prices to decrease more. As regards sellers, as the harvesting advances and supply increases in the national spot market, some of them become more willing to lower asking prices, aiming to take advantage of the current price levels and make cash flow to pay debts.

 

Thus, between July 30 and August 31, the ESALQ/BM&FBovespa Index for corn (Campinas, SP) dropped by 6
Fonte: CEPEA



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