
Conab reports 95.5% of Brazil's safrinha corn area sown as of March 28, slightly behind last year's 97.9% but in line with the five-year average. Paraná faces low soil moisture and high temperatures, while Goiás has rising phytosanitary pressure, and summer crop harvest lags last year.
Planting is essentially complete at near-average pace, but Paraná stress raises downside yield risk for safrinha corn, a modest support for corn and feed grain prices.
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.
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.