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Analyst Michael Cordonnier keeps his Brazil corn estimate at 134.0 million tons but flags dry weather developing in the southern safrinha corn area as summer rains decline. He estimates about 40% of safrinha corn could face moisture stress, risking 4-6 million tons of losses.
Potential yield losses in safrinha corn would tighten Brazil's exportable corn surplus, supporting corn prices and firming feed-grade demand for DDGS and corn substitutes.
soybeansandcorn.comApr 22, 2026After 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.
