Brazilian farmers in Minas Gerais, Goiás, and Mato Grosso are making varied plans for the 2027 second crop amid high costs, climate uncertainty, and uncertain returns. Some are considering milheto instead of commercial corn, while others are looking to maintain or expand corn or plant alternatives such as sesame and mung beans that require less initial investment.
If more farmers switch away from commercial corn, second-crop corn supply could tighten and support prices, though the article says the regional decisions do not yet indicate a nationwide acreage decline. The shift also reflects cost and weather risks shaping feed-grain availability.
Not enough comparable past events yet for a historical read.
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.