
Brazil's first corn crop was 14% harvested as of late January, versus 12% a year earlier. Drought cut Rio Grande do Sul's expected output from 4-5 million tons to about 2.5 million.
Safrinha corn was 14% planted, with Mato Grosso ahead of its average pace.
Drought losses in the first crop make the safrinha harvest critical to Brazil's 2021/22 corn supply, and farmers have a strong incentive to plant more. Corn export availability depends on that second crop.
Setelah 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.