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Brazil's weather office has formally confirmed La Niña, which is expected to bring dry weather between December and February, the period when the first corn crop develops. The report also notes that high fertilizer prices may amplify yield losses, and that Chicago corn traded near 5.4 USD/bu this season.
Dry weather during Brazil's first corn crop development raises the risk of yield losses and tighter export supply, supporting corn prices. Reduced fertilizer use due to high costs could worsen the yield impact.
czapp.comAlberto Carmona30 Nov 2021Setelah 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.
