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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.brFAPESP15 de jul. de 2020Após 1.465 eventos altista de clima passados, Milho subiu em mediana +0,2% em 5 sessões (54% de alta; metade central de -1,4% a +1,9%), e +0,9% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
