# CBOT corn climbs on delayed planting in Brazil - Markets - Business Recorder

> CBOT corn futures rose on Tuesday as delayed planting of Brazil's second-crop corn offset beneficial rains in Argentina. Persistent rains in Brazil also delayed the soybean harvest, while South African maize output is expected to rise 6%.

- Date: 2021-03-23 · published 2021-03-23T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/5673-cbot-corn-climbs-on-delayed-planting-in-brazil-markets-business-recorder
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Late Brazilian second-crop planting raises concern about supplies later in the year, supporting corn prices. Expected U.S. planting increases limit gains in new-crop futures.

## Read by commodity

- CORN: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2021-03-26 | 5 | +10.7% | 3.3 | Delayed Brazil second-crop corn planting raised supply concerns and pushed CBOT corn higher. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-02-16 | [US MIDDAY: Wheat climbs - Markets - Business Recorder](https://feedsoft.ai/events/9256-us-midday-wheat-climbs-markets-business-recorder.md) | +1.5% | -3.8% |
| CORN | 2021-03-22 | [Brazil's second corn planting at 86pc of estimated area, below historical average - Markets - Business Recorder](https://feedsoft.ai/events/47960-brazil-s-second-corn-planting-at-86pc-of-estimated-area-below-historical.md) | +10.7% | +12.5% |
| CORN | 2021-03-12 | [Brazil govt concerned about rains disrupting second corn crop - Markets - Business Recorder](https://feedsoft.ai/events/47961-brazil-govt-concerned-about-rains-disrupting-second-corn-crop-markets-business.md) | -9.6% | +2.3% |
| CORN | 2026-04-22 | [Chicago soy rises as oil prices climb, rain forecast threatens Midwest planting - Markets - Business Recorder](https://feedsoft.ai/events/19752-chicago-soy-rises-as-oil-prices-climb-rain-forecast-threatens-midwest-planting.md) | +1.6% | +4.3% |
| CORN | 2024-05-03 | [Soybeans, corn head for weekly gains as floods hit Brazil - Markets - Business Recorder](https://feedsoft.ai/events/10963-soybeans-corn-head-for-weekly-gains-as-floods-hit-brazil-markets-business.md) | -0.7% | +3.5% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40076786

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