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The EU JRC's September ASAP assessment finds El Niño is worsening food insecurity in East Africa and Central America. Southern Africa, which harvested 43.4 million tonnes of cereals this year, faces projected historic rainfall deficits through December that threaten the 2026/27 planting season.
Expected drought in Southern Africa and South America's next crops could tighten maize and other coarse grain supplies later in the season, supporting corn and feed prices.
joint-research-centre.ec.europa.euOct 7, 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.
Not enough comparable past events yet for a historical read.
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.
