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TempoCampo's March bulletin shows rainfall was high in northern and northeastern Brazil but low in the south and southeast, with less than 30 mm in Rio Grande do Sul, Paraná and São Paulo. Heavy late-month rain hampered the start of the soybean harvest in Matopiba and disrupted grain transport.
Harvest and transport delays in Matopiba can slow soybean and corn flows to port, a modest supportive factor for export prices.
revistacultivar.comApr 3, 2020After 206 past bullish logistics events, Soybeans moved a median +0.5% over 5 sessions (56% higher; middle half -1.3% to +2.6%), and +1.4% over 20.
After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% 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.
