TF Agroeconômica highlighted this Tuesday (14) the movement of corn premiums in the Brazilian market and global trends. In Paranaguá, buyers showed greater interest in contracts for February, while July/August showed reductions. Sellers, in turn, concentrated offers on the future harvest. The premiums for July/August were 70 cents (+3) for sellers and 53 cents (-7) for buyers, based on U5. In February, buyers offered 95 cents, with no variation recorded.
In China, the market showed significant fluctuations. Corn prices fell 22 CNY/t in January, but rose 17 CNY/t in March. Derivative products also showed variations: cornstarch increased 51 CNY/t in January and 27 CNY/t in March. In the protein segment, egg prices fell 15 CNY/500kg in January and rose 29 CNY/500kg in February. Meanwhile, pork prices rose by CNY 25/t in January and CNY 145/t in March.
In the Argentine market, corn for immediate delivery reached A$205,000/t, matching the previous session’s high. For the new crop, buyers offered US$190/t for March and US$187/t for April-May, an increase of US$2/t compared to the previous day. The MATBA price for April rose to US$187.80/t at the port, while Chicago closed close to US$187.60/t.
FOB corn prices vary among the main global exporters. In the United States, prices remained at US$219, while in Argentina they rose to US$225. Brazilian corn, in turn, reached US$235 in Santos, consolidating its position as the highest among the countries analyzed. In Europe, France recorded prices at US$222, while Romania, Russia and Ukraine remained at competitive levels, between US$210 and US$215 FOB. These values reflect the international competition scenario and regional supply and demand conditions.