The anticipated commercialization of corn in the 2018/19 crop of Mato Grosso reached 40.66% of the production expected in December, according to the Institute of Mato Grosso de Economia Agropecuária (Imea). The advance against the previous month was 4.36 percentage points. “The talks picked up pace during periods of recovery in the dollar and the Chicago Stock Exchange,” the institute said. The average selling price of the bag in the state was $ 18.84 last month. With prices higher than in the same period last season, the marketing of the crop being planted is 20.68 percentage points ahead of the same period of the 2017/18 season. Already the negotiation of the harvest 2017/18 reached 95.12% of the production, advance of 3.41% compared to the previous month. According to the Imea, the rise in domestic grain prices was the main factor for the increase in sales. The average selling price of the bag was R $ 20.19 last month.
Source: Globo Rural