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AgRural reported Brazil's safrinha corn 12% harvested versus 23% a year earlier, after three nights of freezing temperatures in south-central Brazil. Yield losses could reach 80% on corn that was pollinating, and Mato Grosso harvest was 22.4% complete.
Frost damage to late-planted Brazilian corn tightens export supply and supports corn and feed-grain prices.
After 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.