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The Van Trump Report explains Brazil's three-crop corn cycle and says the 2020/21 second crop has been troubled by weather. La Niña has caused extreme conditions that affected different regions at different stages of the crop cycle.
Uncertainty over Brazil's safrinha output, which accounts for about 75% of the country's corn and nearly all its exports, supports global corn prices and feed-ingredient costs.
vantrumpreport.comApr 13, 2021After 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.
Not enough comparable past events yet for a historical read.
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.
