What Two Weather Factors are Hurting Brazil’s Corn Crops?

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  • Bloomberg Markets and Finance published this video item, entitled “What Two Weather Factors are Hurting Brazil’s Corn Crops?” – below is their description.

    After battling drought throughout this year’s growing season, Brazil’s corn farmers are now contending with a severe July frost. While frost isn’t abnormal for this time of year in Brazil, it will amplify the impact of the drought, which already forced a late planting. As a delayed harvest approaches, what’s the outlook for Brazil’s corn crop? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights

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    In This Story: Brazil

    Brazil is the largest country in both South America and Latin America.

    Its capital is Brasília, and its most populous city is São Paulo. The federation is composed of the union of the 26 states and the Federal District. It is the largest country to have Portuguese as an official language and the only one in the Americas, as well as the most populous Roman Catholic-majority country.

    Its Amazon basin includes a vast tropical forest, home to diverse wildlife, a variety of ecological systems, and extensive natural resources spanning numerous protected habitats. Brazil is classified as an upper-middle income economy by the World Bank and a newly industrialized country.

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