Loading…
Revista Cultivar reports that Brazil's safrinha corn sowing was almost entirely completed in March, with a small area still being planted in April. Producers in the Midwest face dry conditions, and planting in the south is exposed to frost risk.
Late planting raises the risk of drought and frost losses in Brazil's safrinha crop, which supports corn prices until yield prospects are clearer.
revistacultivar.comApr 6, 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.
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.
