AiQ: Weather Risks and AiQ Raises Safriña Corn to 99.5 Million Tons

<div class=\"default-font-wrapper\" style=\"line-height: 1;font-size: 12pt; font-family: Verdana, Geneva, sans-serif;\"><div style=\"line-height: 1;\"><span style=\"font-size: 12pt; font-family: Verdana, Geneva, sans-serif;\">Week 16 is a continuation of a mostly benign weather outlook globally. Mexico remains drought-plagued. Russia and China show drying patterns in major production regions, and the US planting pace could slip behind average.<br id=\"isPasted\"><br>AiQ raised Brazil&#39;s Safri&ntilde;a crop to 99.5 million on the improved precipitation outlook with pollination approaching. Private forecasts in the country are running 2-3 million tonnes higher than public forecasts.<br><br>US weather groups circulated a narrative (falsely) that the rains were not materializing. The wet season is stretching into late fall, which benefits corn development after the delayed planting.</span></div><span style=\"font-size: 12pt;\"><br></span><span style=\"font-size: 12pt; font-family: Verdana, Geneva, sans-serif;\"><img src=\"https://download.qtmarketcenter.com/jay/Global Weather Risks (39).png\" style=\"width: 1191px;\" class=\"fr-fic fr-dib fr-fil\" success=\"true\" filename=\"Global Weather Risks (39).png\"></span><br></div>