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MBRF, a Brazilian poultry and pork producer, says it has secured corn and soymeal supply for the coming quarters as protection against possible El Niño losses. Its vice president of finance said current conditions differ from the last strong El Niño, with normal planting and excellent weather so far.
The company expects summer crop corn output of around 30 million tonnes.
Large feed buyers locking in forward supply adds near-term demand for corn and soymeal and supports prices. The company's view that this El Niño is milder than the last one tempers the risk premium.
globorural.globo.comClarice CoutoNov 13, 2026After 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.
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.
