IBOV 175,681 ▼ 1.23% IPSA 10,967 ▼ 0.81% IPC MEX 66,051 ▼ 0.67% MERVAL 3,262,639 ▼ 0.54% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▼ 0.39% USD/BRL5.13▲ 0.49% USD/MXN17.53▲ 0.35% USD/CLP931.00▲ 0.66% USD/COP3,242▼ 0.11% USD/PEN3.41▲ 0.45% USD/ARS1,482▼ 0.37% USD/UYU 40.22 — 0.00% USD/PYG6,045▼ 0.17% USD/BOB10.35▲ 2.07% USD/DOP58.30▼ 0.31% USD/CRC448.53▼ 0.06% USD/GTQ7.62▼ 0.10% USD/HNL26.73▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.70% USD/TTD6.74▼ 0.12% EUR/BRL5.85▲ 0.47% BRENT 82.67 ▲ 8.76% WTI 77.63 ▲ 8.71% IRON ORE 161.91 — — COPPER 6.28 ▲ 0.68% GOLD 4,001 ▼ 2.52% SILVER 57.77 ▼ 3.42% SOY 1,194 ▼ 0.19% CORN 462.75 ▲ 5.65% WHEAT 634.75 ▲ 0.44% COFFEE 330.50 ▼ 3.64% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 137.15 ▼ 7.24% COTTON 81.49 ▲ 1.96% COCOA 5,808 ▼ 1.88% BEEF 234.95 ▼ 0.11% CATTLE 354.20 ▼ 0.11% LITHIUM 70.25 ▼ 2.86% PETR4 40.80 ▲ 2.90% VALE3 72.56 ▼ 2.18% ITUB4 43.63 ▼ 1.51% BBDC4 18.74 ▼ 0.64% ABEV3 15.81 ▼ 0.06% BBAS3 20.23 ▼ 1.70% B3SA3 14.97 ▼ 2.92% WEGE3 44.49 ▼ 4.34% PRIO3 57.39 ▲ 3.50% SUZB3 41.52 ▼ 0.07% RENT3 40.33 ▼ 1.87% AZZA3 19.14 ▲ 0.21% CSAN3 3.91 ▼ 3.93% RAIZ4 0.33 ▼ 5.71% PCAR3 2.62 ▼ 4.03% GMAT3 3.94 ▼ 0.76% PSSA3 53.89 ▼ 1.96% CVCB3 1.24 ▼ 0.80% POSI3 3.93 ▼ 1.01% SLCE3 13.92 ▼ 0.71% NATU3 8.69 ▲ 0.12% BRKM5 6.76 ▲ 1.96% RANI3 7.95 ▼ 0.75% CSNA3 5.22 ▲ 0.77% CMIN3 5.52 ▲ 5.54% USIM5 8.34 ▼ 1.30% GGBR4 22.90 ▼ 0.48% ENEV3 26.88 ▼ 2.43% CPFE3 46.95 ▼ 1.92% CMIG4 11.10 ▼ 2.46% EQTL3 40.06 ▼ 2.08% LREN3 14.22 ▼ 2.74% VIVT3 35.02 ▼ 2.04% RAIL3 14.06 ▼ 2.09% KLABIN 17.51 ▼ 0.17% RAIA DROGASIL 18.25 ▼ 2.77% RDOR3 35.47 ▼ 1.53% HAPV3 10.38 ▼ 2.08% FLRY3 16.17 ▼ 1.52% SMTO3 16.67 ▲ 1.83% UGPA3 30.90 ▲ 0.62% VBBR3 32.96 ▼ 0.12% BBSE3 40.31 ▼ 0.10% BPAC11 57.66 ▼ 1.82% CURY3 33.37 ▼ 2.46% AERI3 2.07 ▼ 0.96% VIVARA 23.02 ▼ 2.17% COMPASS 24.74 ▼ 2.98% VAMOS 3.02 ▼ 1.31% SANB11 27.24 ▼ 1.38% ASAI3 8.70 ▼ 1.92% SBSP3 30.27 ▼ 2.70% WALMEX 49.60 ▲ 0.57% GMEXICO 195.39 ▼ 1.93% FEMSA 225.49 ▲ 0.98% CEMEX 21.60 ▼ 1.19% GFNORTE 183.19 ▼ 1.82% BIMBO 55.95 ▼ 0.27% TELEVISA 9.69 ▼ 0.41% AMX 22.92 ▲ 0.97% GAP 409.51 ▼ 0.72% ASUR 280.56 ▼ 1.60% OMA 233.40 ▼ 1.30% KOF 180.54 ▲ 0.22% GRUMA 283.07 ▼ 0.17% KIMBER 38.17 ▲ 0.26% SQM-B 67,184 ▼ 0.84% COPEC 6,107 ▼ 0.52% BSANTANDER 77.93 ▼ 1.35% FALABELLA 5,953 ▲ 0.82% ENELAM 85.05 ▼ 0.41% CENCOSUD 2,045 ▼ 0.00% CMPC 1,087 ▼ 2.01% BANCO CHILE 184.66 ▼ 2.23% LATAM AIR 25.44 ▼ 3.12% YPF 77,450 ▲ 4.10% GGAL 8,175 ▼ 1.92% PAMPA 5,285 ▲ 2.03% TXAR 667.00 ▼ 0.60% ALUAR 974.50 ▼ 0.10% TGS 9,710 ▲ 1.20% CEPU 2,357 ▼ 1.63% MIRGOR 16,975 ▼ 1.59% COME 44.95 ▼ 2.09% LOMA NEGRA 3,520 ▼ 1.74% BYMA 307.00 ▼ 2.23% TELECOM ARG 4,245 — 0.00% ECOPETROL 15.91 ▲ 2.12% BANCOLOMBIA 81.43 ▼ 1.83% GRUPO AVAL 4.97 ▼ 1.97% CREDICORP 389.66 ▼ 2.78% SOUTHERN COPPER 174.48 ▼ 0.77% BUENAVENTURA 29.76 ▼ 0.80% MERCADOLIBRE 1,871 ▲ 1.04% NUBANK 13.75 ▼ 0.07% XP 16.37 ▼ 3.28% PAGSEGURO 9.30 ▲ 0.49% STONE 11.15 ▼ 0.54% GLOBANT 32.12 ▲ 7.21% TECNOGLASS 42.32 ▼ 3.61% GAP AIRPORT 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0.66% USD/COP 3,242 ▼ 0.11% USD/PEN 3.41 ▲ 0.45% USD/ARS 1,482 ▼ 0.37% USD/UYU 40.22 — 0.00% USD/PYG 6,045 ▼ 0.17% USD/BOB 10.35 ▲ 2.07% USD/DOP 58.30 ▼ 0.31% USD/CRC 448.53 ▼ 0.06% USD/GTQ 7.62 ▼ 0.10% USD/HNL 26.73 ▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▼ 0.30% USD/TTD 6.74 ▲ 1.31% EUR/BRL 5.85 ▲ 0.47% BRENT 82.67 ▲ 8.76% WTI 77.63 ▲ 8.71% IRON ORE 161.91 — — COPPER 6.28 ▲ 0.68% GOLD 4,001 ▼ 2.52% SILVER 57.77 ▼ 3.42% SOY 1,194 ▼ 0.19% CORN 462.75 ▲ 5.65% WHEAT 634.75 ▲ 0.44% COFFEE 330.50 ▼ 3.64% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 137.15 ▼ 7.24% COTTON 81.49 ▲ 1.96% COCOA 5,808 ▼ 1.88% BEEF 234.95 ▼ 0.11% CATTLE 354.20 ▼ 0.11% LITHIUM 70.25 ▼ 2.86% PETR4 40.80 ▲ 2.90% VALE3 72.56 ▼ 2.18% ITUB4 43.63 ▼ 1.51% BBDC4 18.74 ▼ 0.64% ABEV3 15.81 ▼ 0.06% BBAS3 20.23 ▼ 1.70% B3SA3 14.97 ▼ 2.92% WEGE3 44.49 ▼ 4.34% PRIO3 57.39 ▲ 3.50% SUZB3 41.52 ▼ 0.07% RENT3 40.33 ▼ 1.87% AZZA3 19.14 ▲ 0.21% CSAN3 3.91 ▼ 3.93% RAIZ4 0.33 ▼ 5.71% PCAR3 2.62 ▼ 4.03% GMAT3 3.94 ▼ 0.76% PSSA3 53.89 ▼ 1.96% CVCB3 1.24 ▼ 0.80% POSI3 3.93 ▼ 1.01% SLCE3 13.92 ▼ 0.71% NATU3 8.69 ▲ 0.12% BRKM5 6.76 ▲ 1.96% RANI3 7.95 ▼ 0.75% CSNA3 5.22 ▲ 0.77% CMIN3 5.52 ▲ 5.54% USIM5 8.34 ▼ 1.30% GGBR4 22.90 ▼ 0.48% ENEV3 26.88 ▼ 2.43% CPFE3 46.95 ▼ 1.92% CMIG4 11.10 ▼ 2.46% EQTL3 40.06 ▼ 2.08% LREN3 14.22 ▼ 2.74% VIVT3 35.02 ▼ 2.04% RAIL3 14.06 ▼ 2.09% KLABIN 17.51 ▼ 0.17% RAIA DROGASIL 18.25 ▼ 2.77% RDOR3 35.47 ▼ 1.53% HAPV3 10.38 ▼ 2.08% FLRY3 16.17 ▼ 1.52% SMTO3 16.67 ▲ 1.83% UGPA3 30.90 ▲ 0.62% VBBR3 32.96 ▼ 0.12% BBSE3 40.31 ▼ 0.10% BPAC11 57.66 ▼ 1.82% CURY3 33.37 ▼ 2.46% AERI3 2.07 ▼ 0.96% VIVARA 23.02 ▼ 2.17% COMPASS 24.74 ▼ 2.98% VAMOS 3.02 ▼ 1.31% SANB11 27.24 ▼ 1.38% ASAI3 8.70 ▼ 1.92% SBSP3 30.27 ▼ 2.70% WALMEX 49.60 ▲ 0.57% GMEXICO 195.39 ▼ 1.93% FEMSA 225.49 ▲ 0.98% CEMEX 21.60 ▼ 1.19% GFNORTE 183.19 ▼ 1.82% BIMBO 55.95 ▼ 0.27% TELEVISA 9.69 ▼ 0.41% AMX 22.92 ▲ 0.97% GAP 409.51 ▼ 0.72% ASUR 280.56 ▼ 1.60% OMA 233.40 ▼ 1.30% KOF 180.54 ▲ 0.22% GRUMA 283.07 ▼ 0.17% KIMBER 38.17 ▲ 0.26% SQM-B 67,184 ▼ 0.84% COPEC 6,107 ▼ 0.52% BSANTANDER 77.93 ▼ 1.35% FALABELLA 5,953 ▲ 0.82% ENELAM 85.05 ▼ 0.41% CENCOSUD 2,045 ▼ 0.00% CMPC 1,087 ▼ 2.01% BANCO CHILE 184.66 ▼ 2.23% LATAM AIR 25.44 ▼ 3.12% YPF 77,450 ▲ 4.10% GGAL 8,175 ▼ 1.92% PAMPA 5,285 ▲ 2.03% TXAR 667.00 ▼ 0.60% ALUAR 974.50 ▼ 0.10% TGS 9,710 ▲ 1.20% CEPU 2,357 ▼ 1.63% MIRGOR 16,975 ▼ 1.59% COME 44.95 ▼ 2.09% LOMA NEGRA 3,520 ▼ 1.74% BYMA 307.00 ▼ 2.23% TELECOM ARG 4,245 — 0.00% ECOPETROL 15.91 ▲ 2.12% BANCOLOMBIA 81.43 ▼ 1.83% GRUPO AVAL 4.97 ▼ 1.97% CREDICORP 389.66 ▼ 2.78% SOUTHERN COPPER 174.48 ▼ 0.77% BUENAVENTURA 29.76 ▼ 0.80% MERCADOLIBRE 1,871 ▲ 1.04% NUBANK 13.75 ▼ 0.07% XP 16.37 ▼ 3.28% PAGSEGURO 9.30 ▲ 0.49% STONE 11.15 ▼ 0.54% GLOBANT 32.12 ▲ 7.21% TECNOGLASS 42.32 ▼ 3.61% GAP AIRPORT 233.51 ▼ 0.90% ASUR 280.56 ▼ 1.60% OMA AIRPORT 106.63 ▼ 1.31% AMX ADR 26.11 ▲ 0.38% FEMSA ADR 128.78 ▲ 0.88% CEMEX ADR 12.33 ▼ 1.20% PETROBRAS ADR 17.84 ▲ 2.97% VALE 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Monday, July 13, 2026

Business - Brazil Latin America

Uruguayan corn is approaching a super record amid the Ukraine war

By · March 25, 2022 · 2 min read

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RIO DE JANEIRO, BRAZIL – With a very favorable summer in terms of weather, Uruguayan corn is heading for a record harvest that may lead to a return of the country to the export market, also helped by the gap left in the international market by the absence of Ukraine and the scarce regional availability of the grain. Uruguay’s return to corn grain exports is even possible for the first time in several years.

The war has spotlighted the absence of wheat in the world, but the corn market is also very tight this year. Prices are up, and for farmers to wedge in such a year, a high yield can be of enormous importance.

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This relevant availability of grain can support the growth of beef, dairy, and poultry production. But harvesting is still some time away. In the meantime, prices are climbing.

Corn has been consolidating as a summer crop. The area has been growing, and yields are also improving.
Corn has been consolidating as a summer crop. The area has been growing, and yields are also improving. (Photo: internet reproduction)
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Uruguay may reach for the first time a production of 900,000 tons thanks to a gradual but persistent growth of the area, which reached 145,000 hectares this harvest (some of which were lost in December and January due to drought) and a yield that will be very good for second crops.

The crop had a poor performance in the first planting, which is beginning to be harvested.

In approximately 50% of the area, yields will be 3,500 kilos per hectare. These crops sown in October were severely affected by the drought that lasted until early January. But an increasingly important part of the corn is planted later, after a winter crop, and this will have a more than satisfactory yield that will allow a good supply. These crops are likely to yield twice as much, around 7,000 kilos per hectare.

Another part of the corn is irrigated and usually achieves around 10,000 kilos per hectare.

Thus, the average yield for this harvest would be slightly above 6,000 kilos per hectare – a high reference exceeded in three of the last four years.

Corn has been consolidating as a summer crop. The area has been growing, and yields are also improving. Genetic improvement, the strong expansion of domestic demand, and the gradual irrigation growth have allowed the crop margin to compete successfully with soybean in the best agricultural lands. As a result, Uruguay’s corn area is approaching 200,000 ha, gradually increasing and already at its highest level since the 1980s.

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