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Global 2024/25 corn output is projected at 1.21 billion tonnes, down 1.4% year on year, with declines in the US, EU and Ukraine. Brazil's output is expected to rise 3.3% to 126 million tonnes.
Argentina's estimate was cut by 1 million tonnes to 46 million, and Bulgaria recorded its smallest harvest since 2012.
Lower production in the US, EU, Ukraine and Argentina tightens corn availability for importers, which supports feed corn prices despite a larger Brazilian crop.
tridge.comNur HameedFeb 28, 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.
