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Discover the origin of our raw materialCorn: Window remains high
Corn prices continue to rise in the Brazilian market.
From 19 to 26 November, the indicator ESALQ / BM & FBovespa, which represents business in lots of segment in the region of Campinas (SP), rose 0.94%, closing at R $ 34.42 / bag of 60 kg on Monday , 26. If considered NPR discount rate in the region of Campinas, the average spot price was R $ 34.00 / sc 60 kg in the second, up 1.25% over the same period. Not even the holidays sequence in Brazil in recent weeks and even the Stock Day of Thanksgiving in the United States, on Thursday, 22, managed to mitigate the high corn prices in the Brazilian market. Researchers from Cepea comment that demand both domestic industries and for export continues strong, and foreign prices are also up.
Source: Cepea