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Brazil's second corn crop planting reached 89.6% as of March 16, slightly behind the five-year average. Mato Grosso is nearly finished, while dryness concerns persist in western Paraná.
China's 2024/25 corn imports are projected to fall to 9 mmt due to tariffs on US corn, while US corn exports to the EU surged.
Slower Chinese import demand weighs on global corn, while Brazilian planting lag and dryness risk could tighten export supplies later in the season.
tridge.comNur HameedMar 28, 2025tridge.comXchel PerezMar 28, 2025After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% 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.
