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Rainfall forecasts for Brazil's safrinha corn areas over the next 10 days were below normal. DTN estimates the country's growing areas are running 30-, 60- and 90-day rainfall deficits, with eastern areas at 20% of normal or less.
Persistent deficits during pollination threaten Brazilian corn yields and export availability, supporting corn prices.
After 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.
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.