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Imea data show Mato Grosso farmers had sold 83.64% of their 2025/26 corn crop by October, up 3.41 percentage points from September. The average negotiated price fell 4.53% to R$45.41 per sack, and forward sales for 2026/27 reached 23.39% of projected output.
Heavy Brazilian corn sales at lower prices increase export competition for US and Argentine corn, putting downward pressure on global corn prices. Buyers can expect cheaper Brazilian corn offers as the supply overhang persists.
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.