
Agroconsult's Rally da Safra raised its forecast for Brazil's second corn crop to 102.4 million tonnes, up from 97.2 million in March and about 10% above the previous cycle. Yields in Mato Grosso and Goiás are at records, and Brazil's corn exports are forecast at a record 54.1 million tonnes.
Planting in Parana was the slowest on record because of the late soybean harvest.
A larger safrinha crop and record export volumes add to global corn supply during the Brazilian export season, which is bearish for corn prices. Logistics congestion could slow shipments and partly limit the price effect.
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.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.