
Brazil's Agriculture Minister Tereza Cristina Dias said heavy rains in Mato Grosso and other states were disrupting planting of the second corn crop, which will make up about 80% of output. She said tight corn supplies were already a concern for meatpackers.
She also suggested agricultural commodity prices could rise further.
Government concern over weather-delayed planting and tight supplies signals firmer domestic corn and feed demand, supporting prices for feed buyers.
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.