20.
01.22
10:16

Corn harvest started in Brazil

In the last two trading days, corn prices were able to end trading in the profit zone. For the front month of March, 4.75 euros/tonne went up to 245 euros/tonne. After a weak start to the week, corn prices in Paris rose slightly yesterday. Supported by the bullish market environment, the green signs also prevailed in Chicago and ensured moderate profits. Despite the rain in Argentina, many market participants are currently anticipating unfavorable weather forecasts for February. Meanwhile, harvesting work begins in Brazil. According to AGRural, almost 6% of stocks have been harvested so far. However, the second corn sowing is still being delayed due to the ongoing soybean harvest.

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