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Chicago corn gained 4% over the week as US crop ratings fell more sharply than expected. Europe's maize outlook also worsened after heat and drought, and India was heading for its weakest monsoon since 2009.
Concurrent crop shortfalls in the US, Europe and India tighten global corn supply. The price direction is bullish for corn.
farmonline.com.auAndrew Whitelaw, Episode3Aug 26, 2026After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Falling US crop ratings and worse EU maize and drought conditions drove Chicago corn up about 4% on the week, matching the move.
