PRODUCERS ACCELERATE CORN AND SOYBEAN SALES IN MATO GROSSO

Corn and soybean sales in Mato Grosso rose in July, driven by higher prices and the need to free storage space. IMEA reported that 62% of the 2024/25 corn crop has been sold, up 11.95 points from June, with prices averaging R$43.78/bag (+2.88%). Exports reached 1.18 million tons (+625.83% vs. June) but were 59.02% below July 2024. Soybean sales hit 88.72% of the 2024/25 crop (+6.79 points), at R$117.93/bag (+5.09%), though still slower than last year. Crushing reached a record 1.18 million tons in July (+12.7% y/y), totaling 7.90 million tons year-to-date. IMEA projects 12.99 million tons processed in 2025, despite a 14.93% drop in crushing margins.
Source: Revista Cultivar