Tidbits, Corn Market Plan, Brazilian Corn 12/13/25
- Wright team
- 25 minutes ago
- 5 min read
Tidbits
Flash sales: Yesterday morning, the USDA announced the sale of:
132,000 mts of soybeans to China
104,328 mts of soy meal to Mexico
250,000 mts of corn to unknown
Brazil's Corn: Geraldo Isolodi is an analyst with Terra Investmentos of Brazil. He wrote his South American Crop Update earlier this month. Here are the highlights of what he had to say about the corn market:
"At the present, the corn market is supported by robust domestic demand from corn-based ethanol plants in Mato Grosso, and Goias. On the supply side, producers continue to limit sales. According to IMEA (the Mato Grosso Institute of Agricultural Economics) as of 10 November, 97.12% of Mato Grosso’s (2025) soybean crop had been marketed (close to the 5-year average of 98.54%), while only 81.1% of the state’s (2025) corn had been sold, below both last year’s pace (85.79%) and below the historical average (86.99%).
Growing domestic consumption has provided steady, although slow, upward pressure on prices. What prevents stronger price action is the weak export performance. Delays in soybean planting late in 2024, critical because Brazil’s second corn crop (safrinha crop), which accounts for roughly 80% of national production, depends on soybean field turnover combined with a stronger real and competitive U.S. corn prices placed Brazil’s export window at risk. By the first week of November, Brazil had shipped 27.38 million mts of corn, about 68.5% of CONAB’s (Brazil’s USDA) 40 million projection. The target remains achievable but will require stronger export flows in the coming weeks.
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