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A study led by researchers at UNICAMP's Center for Environmental Studies, supported by FAPESP and the Belmont Forum, finds that climate change could expose Brazil's safrinha (second-crop) corn to extreme drought. The crop is planted after the summer soybean and corn harvest and grown between January and April in the Center-West, Southeast and South.
The findings point to rising risk for agribusiness productivity and export leadership.
A higher drought risk for Brazil's second-crop corn could tighten export supplies later in the year and support corn prices. The effect is long-term research rather than an immediate production shock, so the current price impact is limited.
agencia.fapesp.brFAPESP2020/07/15過去の強気な天候イベント1,465件の後、トウモロコシ は5営業日で中央値 +0.2% 動き（54% が上昇。中央50%は -1.4% から +1.9%）、20営業日では +0.9% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
