Corn prices in the Brazilian domestic market are finding support as the crop reaches the end of its supply and uncertainty clouds expectations for the upcoming safrinha crop. Demand came and paid high premiums,” one market source said, with the buying coming at between a 95 cent and 115 cent premium to the CME’s underlying March CBOT corn futures contract. Basically Iran, Cuba and Venezuela all bought and those levels made the co-ops sell. Iran picked up Brazilian corn through the tail end of 2017 and into early 2018, with close to 750,000 mt making the move, although some market sources expect the volume to be even higher.