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Brazil's Ministry of Agriculture published ZARC climate-risk zoning ordinances allowing corn intercropped with brachiaria to be planted in Piauí and Maranhão for the 2019/2020 harvest, making these crops eligible for insurance. The zoning was approved via ordinances dated December 17, 2019.
Insurance eligibility may encourage planting of intercropped corn in northeast Brazil, a small addition to domestic feed grain supply with negligible price effect.
revistacultivar.comJan 28, 2020After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.
