Launch of Brazil corn fob Northern Arc prices

Fastmarkets has launched AG-CRN-0131 Corn fob Brazil Northern Arc $/mt and AG-CRN-0132 Corn fob Brazil Northern Arc Premium c$/bu on Monday November 3.

These export indications for corn in Brazil’s Northern Arc will add a key export hub to Fastmarkets’ global grains coverage, allowing for a better and more comprehensive outlook of global export competitiveness throughout the year.

AG-CRN-0131 Corn fob Brazil Northern Arc $/mt
Quality: Max moisture 14.5%, aflatoxin 2ppbn, foreign matter 1.5%, max broken kernels 3%
Quantity: 50-60kt
Location: FOB Brazil, Itaqui and Barcarena ports
Timing: Shipment is the next loading month from the assessment day for the first 15 days of the month, with the laycan rolling to the second full calendar month on the 16th of each month
Unit: USD/tonne
Roll date: 16th of the month
Publication: Daily, 1pm NY time
Note: This is a calculated derived price

AG-CRN-0132 Corn fob Brazil Northern Arc Premium c$/bu
Quality: Max moisture 14.5%, aflatoxin 2ppbn, foreign matter 1.5%, max broken kernels 3%
Quantity: 50-60kt
Location: FOB Brazil, Itaqui and Barcarena ports
Timing: Shipment is the next loading month from the assessment day for the first 15 days of the month, with the laycan rolling to the second full calendar month on the 16th of each month
Unit: cents per bu
Roll date: 16th of the month
Publication: Daily, 1pm NY time
Note: Underlying contract: CME corn

These prices will be a part of the Fastmarkets Grains package.

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact pricing@fastmarkets.com and grains_oilseeds@fastmarkets.com. Please add the subject heading “re: Brazil corn northern arc.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

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