March 16, 20260 views0 shares
Corn/CEPEA: Restricted Supply Drives Prices Upward
According to CEPEA researchers, domestic spot corn supply has tightened, intensifying buyer competition and leading to widespread price increases. Despite ongoing summer crop harvesting and comfortable carryover stocks, market availability remains restricted as agents prioritize soybean deliveries and second-crop corn planting.
University of São Paulo Research Center
**Corn/CEPEA: Restricted Supply Drives Prices Upward**
According to CEPEA on March 16, 2026, the availability of corn for immediate negotiation in the national spot market decreased last week. This reduction led to intensified competition among buyers for the grain. Consequently, corn prices rose in most regions monitored by CEPEA.
CEPEA researchers noted that the supply restriction occurred despite the ongoing summer crop harvest and comfortable carryover stocks. In a report released on Friday, March 13, Conab estimated that the 2025/26 crop season, which began in February, would have an initial stock of 12.68 million tons, significantly higher than the 1.88 million tons from the 2024/25 season.
A CEPEA survey indicates that market agents are currently prioritizing soybean deliveries and the sowing of the second corn crop, which is contributing to the tighter spot supply of corn.