Tuesday, August 14, 2018

CORN: LOWER ESTIMATES OFFER KEEP SELLER INDENTED AND IN HIGH PRICE

The movement of high corn prices, which began in July, follows in the Brazilian market. According to researchers at the Cepea, estimates published last week confirms reduction in production of the second harvest and exports, that scenario reinforced the retraction seller, since these agents have expectations of higher prices in the coming weeks. With buyers already restocked needs in the short-term need to increase the values of their offerings to achieve new business. The greater interest on the part of the industry has done with that high occur in greater intensity in the negotiations between the companies that the price paid to the producer, especially in consumer States, as São Paulo and Santa Catarina. In the region of Campinas (SP), the ESALQ/BM & FBovespa advanced 5.9 percent in seven days, $42,14/sc of 60 kg on Friday, 10
Abras - 13/08/2018 News Item translated automatically
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