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Cepea reports that Brazilian corn sales at ports were high in November on stronger overseas demand, while domestic liquidity in the interior was low. Port prices in Paranaguá and Santos ran about 4 reais per bag above the Campinas index.
Strong export demand for Brazilian corn tightens domestic supply and supports Brazilian corn prices, while world supply concerns linked to Black Sea logistics keep the export pull firm.
cepea.org.brImagenet TecnologiaDec 2, 2022After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
