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Parana farmers had harvested 17% of their 2022/23 safrinha corn, up 6 points on the week, and the crop was rated 83% good. Delayed planting and wet weather left the harvest behind average, and storage space was tight.
Slow harvest and tight storage limit near-term corn selling, leaving Brazilian export supply largely unchanged for buyers.
ukragroconsult.comAug 9, 2023After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% 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.
