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Farmers in Rio Grande do Sul had planted about 4% of their 2023/24 corn by late August, against 2% a year earlier. Emater-RS said the state's wheat crop was developing normally.
Early planting pace is a routine indicator, and it has little immediate effect on corn prices before the crop matures.
ukragroconsult.comAug 30, 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.
