
AgRural reports second-crop corn harvest in Brazil's Center-South reached 4.4% as of June 4, versus 2.4% a week earlier and 1.9% a year earlier. Its revised estimate for the 2026 second crop is 108.2 million tons, down 900,000 tons on drought losses in Goiás, Minas Gerais and São Paulo, partly offset by Mato Grosso.
A slightly lower safrinha forecast tightens the Brazilian corn balance marginally, and the revised total of 139.9 million tons is a modest support for corn and DDGS pricing.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.