forward-risk board
crop-stage-aware weather read across the us corn belt and the brazilian safrinha, keyed on what the markets are repricing next — planting, emergence, pollination, pod-fill.
week ending 31 may · cpc outlook issued 23 apr
weather — us corn belt
dry start aids planting pace; soil moisture draw begins — emergence ok for now but V4–V6 recharge watch in 3-4 weeks
driest of the belt; planting will accelerate sharply, but subsoil deficit is the story — needs a recharge event by mid-may or yield expectations start to compress
close to normal; northern plains (ND/SD/MN) still cold-soil but warming into normal range; no flags this week
delta and mid-south are further along on planting — mild dry tilt helps; nothing stage-threatening
weather — brazil safrinha
safrinha is at vegetative–to–reproductive transition; the next 10-14 days define final yield expectation. rainfall deficit building; model split means probability-weighted outcome is skewed drier than consensus
secondary safrinha region tracking near-normal; no acute stress, but sensitive to the same front that hits MT
RS is soy-focused, safrinha share minor; wetting pattern supports late-season soy but not a significant corn driver