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Brazil's first 2021-22 corn planting reached 24.2% by October 2, ahead of 20.6% a year earlier, according to Conab. Rain fell in several southern and central states, though dryness still delays soybean planting in many areas.
Early planting lowers the weather risk to the coming crop, which slightly eases supply concerns, while delayed soybean planting remains a watch item for second-crop corn timing.
spglobal.comMugunthan KesavanOct 5, 2021After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% 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.
