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Brazilian farmers are harvesting what could be a record safrinha corn crop of 130 million tons or more, per Michael Cordonnier, who has raised his estimate repeatedly. Wet weather and high seed moisture have slowed harvest, especially in Paraná, due to limited drying infrastructure.
A record Brazilian crop expands export supply and weighs on world corn prices, though slow harvest may delay shipments into the third quarter.
rrfn.comJamie DickermanJun 29, 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.
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.
