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Firm demand boosts quotes in most Brazilian regions

Cepea, November 21 2018 – Corn prices rose in the Brazilian market in the first fortnight of November, boosted by higher demand, since the price gap among the regions, which was observed in early November, led purchasers to search for the cereal in further regions. However, the sellers from these regions were retracted, mainly after exports were resumed.

 

The second crop supply from central-western Brazil, which had been pressing down quotes in the Southeastern region since late October, has already started to decrease, due to the trading advance
Fonte: CEPEA



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