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FEWSNET says the 2017/18 southern Africa rainy season is hard to forecast because the main climate drivers are near neutral. The latest outlook shows La Niña is now most likely during October 2017 to March 2018, instead of neutral.
La Niña usually brings wetter-than-normal conditions to the region from December to February.
Wetter conditions would generally be favorable for maize in southern Africa, reducing the chance of a regional shortfall that would need imports. The uncertainty keeps the price implications small for now.
zimbabwesituation.comZimSitRep_M9 nov 2017Tras 445 eventos neutral de clima pasados, Maíz se movió una mediana de +0,1 % en 5 sesiones (52% al alza; mitad central entre -1,4 % y +1,6 %), y +0,7 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
