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Eric Snodgrass of Nutrien Ag Solutions said dryness in eastern Brazilian safrinha regions, about 20 to 25% of safrinha acres, could persist through April and May. He noted safrinha makes up about 75% of Brazil's corn production and an early end to the monsoon could hurt the crop.
Potential Brazilian safrinha losses would cut export competition and could support U.S. corn prices during the US planting season.
brownfieldagnews.comJared WhiteMar 5, 2025After 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.
