# Brazilian market prices rise reflecting lower availability caused by exports of corn

> Brazilian domestic corn prices rose in November as record exports drew supply from the domestic market. Exporters have shipped strongly this year, well above 2023 levels. Planting concerns in Mato Grosso, including a lost planting window and irregular rainfall, cloud the 2024 outlook.

- Date: 2023-12-11 · published 2023-12-11T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/9995-brazilian-market-prices-rise-reflecting-lower-availability-caused-by-exports-of
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy export flows tighten Brazilian domestic supply and lift local corn prices, which are tied to export parity. Planting problems in Mato Grosso could cut the 2024 crop.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-12-15 | [Brazilian market of corn continues with firm prices due to maintenance of good exports](https://feedsoft.ai/events/9997-brazilian-market-of-corn-continues-with-firm-prices-due-to-maintenance-of-good.md) | +1.8% | +0.9% |
| CORN | 2024-08-12 | [China's corn imports from US set to rise 67.6% in 2024-25 on higher Brazilian prices](https://feedsoft.ai/events/14725-china-s-corn-imports-from-us-set-to-rise-67-6-in-2024-25-on-higher-brazilian.md) | -1.6% | +1.4% |
| CORN | 2024-03-25 | [Ukraine's ags exports slow on lower corn shipments \| Latest Market News](https://feedsoft.ai/events/14316-ukraine-s-ags-exports-slow-on-lower-corn-shipments-latest-market-news.md) | -4.9% | -6.9% |
| CORN | 2024-01-18 | [India's corn exports plunge as local prices rally on strong demand](https://feedsoft.ai/events/32179-india-s-corn-exports-plunge-as-local-prices-rally-on-strong-demand.md) | +1.1% | -5.6% |
| CORN | 2026-03-05 | [US corn exports surge as sorghum reaches marketing-year high \| Feed & Grain](https://feedsoft.ai/events/20210-us-corn-exports-surge-as-sorghum-reaches-marketing-year-high-feed-and-grain.md) | +2.4% | +4.6% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/brazilian-market-prices-rise-reflecting-lower-availability-caused-by-exports-of-corn/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.