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Honored Advisor

Corn in Brazil.....

Things are getting tighter.....  Basis is good somewhere...

Notice who gets subsidized

 

image003.png

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Frequent Contributor

Re: Corn in Brazil.....

Good info can this be  posted daily??


@sw363535 wrote:

Things are getting tighter.....  Basis is good somewhere...

Notice who gets subsidized

 

image003.png


 

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Honored Advisor

Re: Corn in Brazil.....

Not that I can provide.

 

I got it from the folks credited in the chart and it might be possible, if you had an account with them to get that on a regular basis.

 

I have not been able to find it through Bloomberg...

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Honored Advisor

Re: Corn in Brazil.....

Here is the source which I read occasionally when I can get to their material

 

CEPEA----Center for Advanced Studies in Applied Economics

University of Sao Paulo
Piracicaba, Brazil

 

 

CORN / CEPEA: With lower supply, indicator reaches R $ 50, 01 / sc

 

Cepea, 9 - Domestic corn values follow up. On Friday, 6, the indicator ESALQ / BM & FBovespa (Campinas-SP base) reached R $ 50, 01 / bag of 60 kg, the highest level nomin al entire Cepea series started in 2004. Already in real terms the partial middle of May, R $ 49.55 / sc is the largest des d and January 2008 (figures updated by the IGP-DI April / 16). according to Cepea data (Center for Advanced Studies in Applied Economics), d Esalq / USP, n Paraná, where the competition for grain is fierce, some businesses are already made ​​R $ 52 / sc.

 

The impetus comes from the lower supply. According to researchers from Cepea, the harvest of summer crops is in the final straight, but many producers are retracted, only trading off lots. These vendors are concerned about the development of the second crop cereal. Despite the rains in many producing regions in late April, it was small relief to crops - the situation is considered critical in some cases and speculações indicate that productivity can be one of the smallest of the last seasons.. Meanwhile, demand continues strong.

 

New official figures show lower productivity in corn crops. After Deral / Seab release in late April decline of 6% in the productivity of Paraná compared to the previous harvest, the IMEA indicated, n early May, possible reduction 16.5% in Mato Grosso, with the yield on the home of 91 sc / ha. Despite the increase in the area in key regions, lower productivity can result in considerable drop in the second crop production.

 

In this scenario, Brazil has already importing small quantities of maize, especially from neighboring countries. According to Secex, 105,900 tons were imported in April, the average price of US $ 155.4 / ton, which is equivalent to R $ 33.13 / sc 60 kg, well below the current prices in the national physical . As for exports, were only 370,500 tons of corn shipped in April, priced at US $ 178.2 / tonne, or R $ 37.98 / sc, also lower than verified in the Brazilian regions.

 

In April, the average value of the first contract open at BM & FBovespa was 52% higher than the first contract d the Chicago Board of Trade (CME / CBOT). The average April corn in the port of Paranaguá (PR) was 37% above the first contract of CBOT / CME and 17% higher than the value of exports from Argentina. Despite the great fear for the development of crops of second crop corn, the lower competitiveness of the Brazilian grain can result in falls internal and / or at least should limit new high in the medium term.

 

Piracicaba, May 9, 201 6

 

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Honored Advisor

Re: Corn in Brazil.....

Kind of looks like we could add $1.25 farm gate, South Podunk Country area.

 

Wasn't very long ago we were "over priced" according to all the experts.

 

Suppose they are telling the Brazilian farmers they are over priced and need to take less?

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Honored Advisor

Re: Corn in Brazil.....

Notice how quiet we are when the "Trade" doesn't like the data..  In the market news I mean...

 

I am getting this site through Google translate.

 

Research for everyday's business 

Cepea is a research center of the University of São Paulo located at ESALQ in Piracicaba, São Paulo state. It is focused on agribusiness issues Considering the diversity of related subjects: market analysis and price discovery, international trade, macroeconomics, management strategies, environmental and social aspects, entrepreneurship and family farming. 

Cepea is formed by a group of well-trained specialists que Have Been collecting and analyzing data from primary sources for more than 20 years.Cepea releases on a daily basis the set of price indexes Which are widely used by farmers, agribusiness agents and by the government. 

Cepea's staff includes roughly 140 professionals: Esalq's Faculties, PhDs, graduate and undergraduate students, specialists in communication and information technology. Cepea's work is based on close interaction between the researcher and the community being Studied. Finding practical solutions to relevant agribusiness-related problems is Cepea's mission. 

Be part of this community. Interact with us!

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