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Dryness is widespread across Brazil's safrinha corn areas, with Conab reporting yield concerns in Goias and Minas Gerais and Mato Grosso's development slowing as rainfall declines. Maxar expects warm, dry weather to expand over the next week.
Brazil's weather service also forecasts below-average rain for April-June in southern Brazil due to La Nina.
Lower safrinha yields would cut Brazil's large export supply at a time when other major exporters are tight, supporting corn prices.
spglobal.comMugunthan Kesavan27 Apr 2022Setelah 1.465 peristiwa cuaca bullish sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,9% 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.
