# Brazil's Corn Popping Higher

> DTN reports Brazil's FOB corn prices have drifted lower over the past two months amid favorable weather. A private AgroConsult estimate of 100 million tonnes for Brazil's 2017 crop exceeds USDA's 96 million, and US corn exports are running 45% higher than a year ago.

- Date: 2017-06-02 · published 2017-06-02T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/70332-brazil-s-corn-popping-higher
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expectations of a much larger Brazilian crop weigh on export prices, though strong US export shipments provide some support for US corn.

## Read by commodity

- CORN: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/south-america-calling/blog-post/2017/06/02/brazils-corn-popping-higher

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