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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 2021Na 1.465 eerdere opwaarts weer-gebeurtenissen bewoog Maïs zich mediaan +0,2% over 5 sessies (54% hoger; middelste helft -1,4% tot +1,9%), en +0,9% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
