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Farmers in Ipiranga do Norte, central Mato Grosso, report safrinha corn yields of 125-126 sacks per hectare, acceptable for the region. Spot corn prices of R$39-40 per sack, around $3.25-3.35 per bushel, along with high insecticide costs squeeze margins.
Brazil's agriculture minister allowed soybean planting from September 1, 15 days earlier than before, so safrinha corn can be planted earlier.
Low local prices and earlier planting support a larger 2024/25 safrinha corn crop, which is bearish for Brazilian corn prices and export competitiveness.
ukragroconsult.com2024年7月25日在过去 310 次看跌的政策事件之后，玉米 在 5 个交易日内中位数变动 +0.3%（54% 上涨；中间一半区间为 -1.4% 至 +1.9%），20 个交易日内为 +0.6%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
