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Wet weather is slowing Mato Grosso's early soybean harvest and delaying the start of safrinha corn planting. Imea reported 0.42% of intended safrinha acreage planted, and TempoCampo forecasts heavy rain over the next 30 days.
A slow planting pace could cut the time available for the crop to reach reproductive stages before the dry season, which supports corn prices.
ukragroconsult.comJan 23, 2023After 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.
