Cepea surveys show that corn prices are at their lowest levels this year at the beginning of July in most of the regions monitored.
According to the Research Center, the pressure comes mainly from the increased supply of grain in the domestic spot market. Sellers are more flexible in negotiating prices.
Even though the second crop harvest rate is slower than in 2024, Cepea is already observing storage capacity constraints. Low export parity also reinforces the downward trend in prices.
On the demand side, researchers explain that many buyers only acquire specific batches for immediate consumption, betting on continued declines.