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Corn: Even with rain in the US, losses are irreversible and prices tend to remain high

Cereal prices remain firm in the domestic market, and following the movement in Chicago.

Corn: Even with rain in the US, losses are irreversible and prices tend to remain high

The fall in North American harvest losses with already established for grains, is pulling high in corn, and the fear over lack of inventory stimulates prices.

The variation in prices down only came with the rains in the United States and the appreciation of the exchange. However, the weather still tends to get dry, and losses in the US harvest of cereal is already irreversible, which should continue driving prices up.

The Brazilian off-season, to be record remains in full harvest, only a few problems of rain in Paraná.A logistics continues to concern producers in the domestic market, since we have already had problems in the industry harming the flow of grain, which only worsened with the strike of truckers in this last week.

The demand for cereal is great, and a second crop that before expected to generate surplus production can be fully exploited in the market.

Source: Source: Agricultural News // Thais Jorge

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