브라질 옥수수 인사이트

The analysis referring to the week of July 18 to July 24 by the International Center for Economic Analysis and Agricultural Market Studies (Ceema), released on Thursday (24), indicates that corn prices in Brazil continue on a downward trend, following the gradual entry of the safrinha crop into the market. The average price in Rio Grande do Sul ended the week at R$ 62.05 per sack, while in the main markets the value was R$ 60.00. In other regions of the country, prices ranged between R$ 44.00 and R$ 62.00 per sack.

The second corn crop in Brazil is progressing at an advanced pace of harvesting and is expected to reach a record production of 123.3 million tons, according to a survey by Rally da Safra, from Agroconsult. The volume represents a growth of 19.5% compared to the 2023/24 season. Considered by experts as the "mother of all second crops," the current season reinforces important lessons for the future of agriculture in the country, with a focus on climatic efficiency and the use of technologies in the field.

As the harvest of a record second-crop corn progresses, some new indicators are beginning to emerge. Brazil was not expected to enter the tariff war, but its geopolitical stance has fueled the emergence of a 50% tariff rate. There is no direct impact on the corn market, as Brazil does not export corn or its