
Deral's weekly bulletin confirmed completion of Paraná's soybean harvest and reported consolidated losses in second-crop corn due to water stress. Wheat planting progressed on improved soil moisture, though planted area may shrink due to market factors and costs.
Losses in Paraná safrinha corn tighten regional corn supply and modestly support feed grain prices, while smaller wheat area is mildly supportive for wheat over time.
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.
After 1,072 past bullish weather events, WHEAT moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
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.