
Conab's March monitoring bulletin reported that heavy rain in March favored second-crop corn development in Brazil's Center-North and part of the Northeast but delayed corn sowing and soybean harvest and logistics. Low rain damaged first-crop crops in Central-South Bahia and Northern Minas Gerais, and Rio Grande do Sul remained water-restricted.
Vegetation indices indicated favorable conditions for second-crop corn nationally.
Favorable second-crop corn conditions support a larger Brazilian corn supply, while harvest delays can slow soybean marketing and add logistics friction. The net effect on prices is modest.
在过去 445 次中性的天气事件之后,玉米 在 5 个交易日内中位数变动 +0.1%(52% 上涨;中间一半区间为 -1.4% 至 +1.6%),20 个交易日内为 +0.7%。
在过去 324 次中性的天气事件之后,大豆 在 5 个交易日内中位数变动 +0.0%(52% 上涨;中间一半区间为 -1.4% 至 +1.7%),20 个交易日内为 +0.7%。
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。