
Brazil's safrinha corn generally benefited from recent rains, which eased dryness in the south. Conab raised its total 2022/23 Brazil corn estimate by 0.2 million tons to 124.8 million, with first crop up and safrinha down 0.28 million tons to 95.32 million.
Frost forecasts for southern Brazil raised concern, and farmers in some areas planted less corn due to the delayed soybean harvest.
A slightly higher total corn estimate is mildly bearish, but the lower safrinha figure and frost risk offset it. Shifts toward sorghum and other crops reduce the late-season corn supply.
Setelah 770 peristiwa laporan netral sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,1% sampai +1,6%), dan +0,7% 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.