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Conab's Summer Crop Monitoring Bulletin reported mixed April conditions in Brazil. Center-West rains benefited second-crop corn and cotton, while the Southeast, including São Paulo and Minas Gerais, faced insufficient rain and water deficits.
Excess moisture in the North delayed soybean and summer corn harvests.
Favorable Center-West moisture supports Brazil's safrinha corn outlook, adding export competition for US corn, while Southeast deficits are a localized risk.
tridge.comBichos de campoApr 28, 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.
