Higher domestic supply may limit price rises in early 2026

Cepea, January 15, 2026 – The Brazilian corn market enters 2026 with high domestic availability due to ending stocks above those of the previous season and expectations of higher output from the first crop.   In this scenario, corn futures traded at B3 remain below levels seen in the previous season, despite mild gains in the first quarter.   In the international market, corn futures at CME Group, after registering modest increases in the final weeks of 2025, point to an upward trend throughout the first half of 2026

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