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High demand boosts Index to a new real record in the Brazilian market

Cepea, April 1st, 2021 – Corn prices increased in most Brazilian regions surveyed by Cepea in March, boosted by high demand and lower supply in the domestic spot market.

 

Although the harvesting of summer crops is advancing in Brazil, purchasers reported difficulties to close deals during the month. With prices at record levels, many farmers were only selling small volumes – it is worth to mention that these agents did not report storage issues
Fonte: CEPEA



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