Fastmarkets Launches Daily Price Assessments for Brazilian Domestic Corn
SÃO PAULO – Fastmarkets has begun publishing daily price assessments for corn across three key Brazilian agricultural regions, providing increased transparency to the domestic market. The new assessments – for corn delivered to CIF Maringá,FOB Sinop,and FOB Ponta Grossa – launched this month and aim to reflect the evolving dynamics of Brazil’s corn trade.These assessments fill a critical gap in market intelligence for Brazilian corn, a commodity of notable economic importance to the country.Brazil is a major global corn producer and exporter, and these price points will offer producers, traders, and end-users a clearer understanding of value across different logistical hubs.The assessments are published daily at 5pm São Paulo Time.
the assessments cover 30-45 tonne quantities of corn meeting ANEC contract 43 specifications: maximum 14.5% moisture, 1.5% foreign matter, 3% broken kernels, and 5% damaged kernels. Pricing is reported in Reais per 60kg bag, with payment terms of up to 30 days after delivery.
Specifically, Fastmarkets is assessing:
AG-CRN-0128 Corn, CIF Maringá, Paraná, Brazil
AG-CRN-0129 Corn, FOB Sinop, Mato Grosso, Brazil
* AG-CRN-0130 Corn, FOB Ponta Grossa, Paraná, Brazil
Loading for all assessments is defined as the current calendar month for the first 15 days, rolling over to the following month on the 16th.
Market participants interested in contributing data or providing feedback are encouraged to contact Victor Gusmão at pricing@fastmarkets.com, using the subject line “FAO: Victor Gusmão, re: Brazil domestic corn.” Fastmarkets will consider all submissions and make non-confidential comments available upon request. Full pricing methodology and specification documents are available at https://www.fastmarkets.com/methodology.
