
The safrinha corn harvest has started in southwestern Goiás, with about 1% of the 1.1 million hectares cooperative area harvested. Early yields in the most favored areas are around 7,200 kg/ha, but the dry spell during crop development is expected to limit the state's potential.
Lower Goiás yields reduce domestic corn supply in Brazil's Center-South, which can support corn and feed-grain prices and raise demand for substitutes.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.