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Forecasts show no rain for safrinha corn in Paraná, São Paulo and Minas Gerais over the next ten days. Harvest work in Maranhão, Tocantins, Piauí, Bahia and Pará may be hurt, though losses are expected to be minor.
Rio Grande do Sul harvesting may face temporary stoppages from unstable weather.
Dry weather in key corn states during the crop's critical stage can cut yields and quality, supporting Brazilian corn and soybean prices.
revistacultivar.comApr 20, 2018After 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.
After 324 past neutral weather events, SOY moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% 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.
