
Recent rains came too late for much of Brazil's safrinha corn, and frosts in Paraná added losses. Imea cut its Mato Grosso safrinha estimate to 32 million tonnes from 36 million, with yields expected at their lowest in four years.
The Brazilian real also strengthened to 5.03 per dollar, which cuts farmers' local-currency returns.
Smaller Mato Grosso and Paraná crops reduce Brazilian corn exports and support global corn prices, while a stronger real may slow farmer selling and tighten nearby supply.
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.