Loading…
Brazilian farmers had harvested 77% of their second-crop corn area in the center-south by August 17, up 6 points on the week but behind last season's 89%. AgRural said Mato Grosso had finished, while wet grain and late planting delayed other states.
A slower safrinha harvest delays exports from Brazil's main corn crop, which supports nearby US and global corn prices.
agrural.com.brAgRural Commodities AgrícolasAug 21, 2023After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.
