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Recent rains in parts of Argentina and Brazil allowed planting to pick up, though much of South America remains dry. As of Oct.
7, Argentina's early corn was 42% planted, 11 points below the five-year average. Brazil's soybean planting was under 4%, the slowest pace in ten years according to AgRural.
Slow planting raises the risk of replanting and could cut Brazil's 2020/21 safrinha corn output, which supports corn prices. The soybean planting delay is a supportive but less direct factor for soybean prices.
mckeany-flavell.comPeter Church2020年10月14日在过去 1,465 次看涨的天气事件之后，玉米 在 5 个交易日内中位数变动 +0.2%（54% 上涨；中间一半区间为 -1.4% 至 +1.9%），20 个交易日内为 +0.9%。
在过去 1,079 次看涨的天气事件之后，大豆 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 +2.0%），20 个交易日内为 +0.9%。
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。
