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Recent dry weather has raised concern over Brazil's safrinha corn in Parana, where 39% of the crop is filling grain and soil moisture is declining. Farmers in the northwest and center-west expect reduced yields, especially on sandy soils.
Agroconsult raised its national safrinha estimate to 102.4 million tons, and about 20 million tons in four southern and central states could still be hit by adverse weather.
Continued dryness in Parana, a major safrinha state, could cut export-available corn and support prices. The higher national estimate partly offsets that risk.
ukragroconsult.com30 may 2023Tras 1465 eventos alcista de clima pasados, Maíz se movió una mediana de +0,2 % en 5 sesiones (54% al alza; mitad central entre -1,4 % y +1,9 %), y +0,9 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
