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Industrial demand supports corn prices.

The market of corn Prices in key markets in the South and Midwest regions showed both upward and stable movements this Thursday, September 10th, with external influences and industrial demand supporting some of the prices. According to TF Agroeconômica, Rio Grande do Sul followed the positive trend seen in Chicago, with price increases both inland and at the Port of Rio Grande.

In the state of Rio Grande do Sul, Rio Grande reached R$ 163.00 per sack, an increase of 0.62%, while Ijuí and Cruz Alta marked R$ 151.00, with gains of 0.67% and 1%, respectively. Passo Fundo stood at R$ 152.00, also with an increase of 1%, and Santa Rosa registered R$ 152.00, an advance of 0.66%.

In Santa Catarina, prices were supported by demand from the feed industry. São Francisco do Sul reached R$ 158.00, an increase of 0.45%. At the farm gate, Palma Sola remained at R$ 138.50 and Rio do Sul at R$ 140.00. Producers reported firmer offers from local buyers due to the need to supply the agro-industry.

In Paraná, prices also saw a slight increase. Paranaguá was quoted at R$ 161.73, a rise of 0.79%, while Cascavel reached R$ 154.00. Maringá and Ponta Grossa were at R$ 151.00, and Pato Branco at R$ 149.00.

In Mato Grosso do Sul, Dourados and Campo Grande were quoted at R$ 143.00, both with an increase of 0.70%. Maracaju reached R$ 144.00, while Chapadão do Sul and Sidrolândia remained stable at the same value. In Mato Grosso, Campo Verde reached R$ 145.80, Lucas do Rio Verde R$ 142.60 and Nova Mutum R$ 142.00, with Sorriso stable at R$ 141.00. The market remains attentive to production costs, freight, and conditions for the new harvest.

THE MM Cereais works with the best grains on the market and also keeps you up to date with the latest news and analyses on agribusiness.
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