Corn sales have slowed across Brazil as market attention shifts to concerns over second-crop productivity and official projections for the 2025-26 cycle. According to CEEMA, domestic corn prices remain firm, reflecting producer caution and delays in planting the 2026 second crop. Conab projects a harvest of 138.9 million tons, which could rank as the nation’s second-largest on record. Brazil shipped 2.9 million tons of corn in the first 10 working days of December, a 43.2% increase in the daily average compared to the same period in 2024. Recent rainfall has brought relief, particularly in Rio Grande do Sul, though weather conditions will continue to be a decisive factor for crop performance in the coming months.
Source: Agrolink (*Translated by Ia Niani)