
Patria AgroNegocios reports Brazil's 2023/24 safrinha corn was 87.3% harvested as of late July, well ahead of last year and the average. Mato Grosso was almost fully harvested and Paraná was 85% done.
Hot, dry weather allowed a record harvest pace.
A fast harvest brings corn to market early, adding near-term export supply and pressuring corn prices. The pace is largely a function of dry weather, which also cuts into yields.
Setelah 1.102 peristiwa laporan bearish sebelumnya, Jagung bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,8% sampai +1,3%), dan +0,0% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.