A recent analysis by Grão Direto highlights the impact of the first bird flu case in a Brazilian commercial farm on the corn market. The disease is likely to reduce short-term demand for corn due to temporary bans on chicken meat exports to several countries, including China. This reduction in demand is attributed to the poultry industry's significant consumption of corn for feed. However, if the bird flu is effectively controlled and the embargoes are temporary, the impacts are expected to be limited. In the United States, corn planting is progressing rapidly despite drought conditions in some areas. The complexity of international corn movement between the United States, China, and Brazil is adding to the market's complexity. The USDA reported the sale of 2.75 million tons of corn from the 2025/26 harvest, but there is a notable lack of significant purchases by China. Brazil is projected to see an 11% growth in its second corn harvest, which is primarily for export, leading to an anticipated surge in the global market supply and a potential downward trend in corn prices.