
Much of Brazil's center-south received below-average rain over the past 30 days, a critical period for the second corn crop, which makes up about three-quarters of the country's corn output. INTL FCStone cut its second-crop forecast 1.75% to 72.6 million tonnes because of the drought.
A smaller Brazilian safrinha crop tightens export supplies during the period when Brazil typically competes most with US corn, supporting corn prices.
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.