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19
High global supply keeps downward trend for prices in Brazil
NewPalma
postou em May 19, 2025 13:44
Cepea, May 19, 2025 – Projections of high corn production in Brazil and in the world have pressed down domestic prices. In Brazil, good weather conditions in many second crop producing areas sustain the expectation of good productivity, while the good pace of sowing activities and favorable weather conditions in the United States boost perspectives about the output. In this scenario, some purchasers in Brazil prefer to be away from closing deals and expect new price drops to replenish inventories
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