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Brazil's first corn crop was 14% harvested as of late January, versus 12% a year earlier. Drought cut Rio Grande do Sul's expected output from 4-5 million tons to about 2.5 million.
Safrinha corn was 14% planted, with Mato Grosso ahead of its average pace.
Drought losses in the first crop make the safrinha harvest critical to Brazil's 2021/22 corn supply, and farmers have a strong incentive to plant more. Corn export availability depends on that second crop.
ukragroconsult.com2 feb 2022Tras 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.
