# Brazilian coffee, sugarcane and corn hit by third day of frost

> Frosts hit Brazilian coffee, sugarcane and corn areas over several days. A producer source expects the second corn crop to fall below 60 million tonnes, roughly 6 million tonnes lower than previously expected.

- Date: 2021-07-01 · published 2021-07-01T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/45906-brazilian-coffee-sugarcane-and-corn-hit-by-third-day-of-frost
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A downgraded Brazilian second corn crop reduces export availability and supports global corn prices.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-06-09 | [Another Round of Frost and Freezes for Southern Brazil](https://feedsoft.ai/events/13716-another-round-of-frost-and-freezes-for-southern-brazil.md) | -1.6% | -0.5% |
| CORN | 2021-07-22 | [Historic crop loss expected as new frosts hit Brazilian corn areas - Fastmarkets](https://feedsoft.ai/events/45904-historic-crop-loss-expected-as-new-frosts-hit-brazilian-corn-areas-fastmarkets.md) | -2.8% | -2.1% |
| CORN | 2022-01-27 | [Corn and soybean farmers in Brazil hit by huge losses amid droughts - Fastmarkets](https://feedsoft.ai/events/13748-corn-and-soybean-farmers-in-brazil-hit-by-huge-losses-amid-droughts-fastmarkets.md) | +1.7% | +10.2% |
| CORN | 2021-05-13 | [Drought impacting most Brazilian corn farms](https://feedsoft.ai/events/46927-drought-impacting-most-brazilian-corn-farms.md) | -7.7% | -2.2% |
| CORN | 2021-05-13 | [Brazil's thirsty corn crop and dry forecast a boon for U.S. exporters - DatamarNews](https://feedsoft.ai/events/46929-brazil-s-thirsty-corn-crop-and-dry-forecast-a-boon-for-u-s-exporters-datamarnews.md) | -7.7% | -2.2% |

## Sources

- reuters.com: https://www.reuters.com/business/environment/brazilian-coffee-sugarcane-corn-hit-by-third-day-frost-2021-07-01/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
