Brazil: Corn price recovers and acummulates high of 14% in July

27.07.2016

The prices of corn have jumped eight percent last week in Brazil, according to the Center of Advances Studies on Applied Economics (Cepea).

The value has reached R$ 47,39 per bag of 60 kilograms last Friday. Considering the whole month, the value of corn jumped 14.8 percent. More sales happened because of a possibility of a worse scenario in the next months.

 


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