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Brazil's corn prices have risen past 90 reais per sack in some regions, while rice prices have plunged. Corn gains reflect low starting stocks, strong ethanol and meat-sector demand, and uncertainty over Brazil's second corn crop.
Higher Brazilian corn prices raise feed costs domestically and support export parity, while rice weakness shifts feed substitution economics.
reuters.comRoberto SamoraMar 25, 2025After 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.
