# Brazil drought hits second-corn, dry spell persists

> Drought is threatening Brazil's second-crop corn, with the dry spell persisting and raising the prospect of lower yields and possible crop failure. Planting delays have also been a major factor restricting output after rainy conditions pushed back soybean harvest and corn planting.

- Date: 2018-05-02 · published 2018-05-02T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/64859-brazil-drought-hits-second-corn-dry-spell-persists
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A shortfall in Brazil's safrinha corn would tighten export supplies at a time when Brazil is a major corn exporter, supporting corn prices and feed costs for buyers.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-07-03 | [Brazil’s Second Corn Crop Slightly Smaller Amid Drought](https://feedsoft.ai/events/13560-brazil-s-second-corn-crop-slightly-smaller-amid-drought.md) | +0.7% | -0.8% |
| CORN | 2022-12-19 | [Drought hits Brazil corn in key southern state – StoneX](https://feedsoft.ai/events/13681-drought-hits-brazil-corn-in-key-southern-state-stonex.md) | +1.3% | +2.9% |
| CORN | 2024-08-23 | [Drought reduces corn yields in Brazil](https://feedsoft.ai/events/13551-drought-reduces-corn-yields-in-brazil.md) | +0.2% | +6.1% |
| CORN | 2021-05-13 | [Drought Hits Brazil Corn; Feed Costs Could Squeeze Meatpacker Margins - AgWeb](https://feedsoft.ai/events/46924-drought-hits-brazil-corn-feed-costs-could-squeeze-meatpacker-margins-agweb.md) | -7.7% | -2.2% |
| CORN | 2020-11-30 | [Drought Continues to Hamper Brazil's Corn, Soybean Growing Season](https://feedsoft.ai/events/50007-drought-continues-to-hamper-brazil-s-corn-soybean-growing-season.md) | -1.5% | -1.0% |

## Sources

- reuters.com: https://www.reuters.com/article/us-brazil-corn/brazil-drought-hits-second-corn-dry-spell-persists-idUSKBN1I32WB/

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