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Agroconsult forecast Brazil's second-crop corn at a record 123.3 million metric tons, about 80% of national output, with harvest underway. The consultancy cited good April and May rains and a 12% yield gain in Mato Grosso.
Farmers are concerned about slow sales and weak export prices, with China out of the market.
A record Brazilian safrinha crop adds heavy export supply that competes with US corn, pressuring corn prices, while slow Chinese and Middle East demand limits offtake.
agriculture.comReutersJun 25, 2025After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% 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.
