Cepea, 18/11/2024 – Some buyers stepping back limited corn price gains over the past week, Cepea surveys show. According to the Center, improved weather, slow-paced exports and declines in external contracts led buyers to bet on weaker domestic prices. In addition, estimates for the 2024/25 crop point to improved output, which could increase sellers' willingness to trade. According to a report released by Conab last Thursday the 14th, aggregate corn production for 2024/25 is estimated at 119,81 million tonnes, which would represent a 3,6% increase over the 2023/24 volume. Source: Cepea (www.cepea.esalq.usp.br)