# Brazilian market of corn continues with firm prices due to maintenance of good exports

> Brazilian corn exports have exceeded 52 million tonnes and remain strong for December, with January still open. Consumers are building stocks after low prices in the second half of the year. Planting concerns in Bahia and Matopiba, plus weather risks for January and February, add to supply uncertainty.

- Date: 2023-12-15 · published 2023-12-15T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/9997-brazilian-market-of-corn-continues-with-firm-prices-due-to-maintenance-of-good
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong exports and consumer restocking reduce domestic supply and support corn prices. Planting risks for the 2024 crop could add upward pressure.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-12-11 | [Brazilian market prices rise reflecting lower availability caused by exports of corn](https://feedsoft.ai/events/9995-brazilian-market-prices-rise-reflecting-lower-availability-caused-by-exports-of.md) | +1.0% | -0.7% |
| CORN | 2026-04-08 | [U.S. Corn Secures Continued Access to $5 Billion Mexican Corn Export Market - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/19671-u-s-corn-secures-continued-access-to-5-billion-mexican-corn-export-market-u-s.md) | -1.0% | +2.9% |
| 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 | 2016-12-06 | [October U.S. Ethanol Exports Continue Meteoric Rise While Import Market Fizzles](https://feedsoft.ai/events/73460-october-u-s-ethanol-exports-continue-meteoric-rise-while-import-market-fizzles.md) | +1.5% | -0.5% |
| CORN | 2021-02-04 | [Grain Exports to China Continue Rising \| Feed & Grain](https://feedsoft.ai/events/48471-grain-exports-to-china-continue-rising-feed-and-grain.md) | -3.1% | -3.9% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/brazilian-market-of-corn-continues-with-firm-prices-due-to-maintenance-of-good-exports/

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