
Rainfall in the week before the report eased climate stress on Brazil's 2024 second-crop corn. A significant drought pocket remained in the center-south of Mato Grosso do Sul, probably with production losses, while Mato Grosso had good rain and an early harvest projected.
Brazil needs to export nearly 40 million tons this business year, and export pace is so far behind that.
Improved moisture across most second-crop regions lowers the risk of a major Brazilian corn shortfall, which weighs on prices, though losses in Mato Grosso do Sul and late plantings still add some support.
Setelah 357 peristiwa cuaca bearish sebelumnya, Jagung bergerak median -0,3% selama 5 sesi (44% lebih tinggi; separuh tengah -2,2% sampai +1,3%), dan -0,5% 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.