Loading…

Brazil's agriculture minister visited drought-hit producers in Parana and Mato Grosso do Sul. The ministry said the priority is ensuring farmers can plant safrinha corn, and that funding is available.
Government support for replanting could limit the corn supply shortfall from drought, which somewhat eases upward pressure on corn prices.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.