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FEWS NET's first El Niño special report says the 2026/27 event has reached very strong levels and will bring rainfall anomalies to East Africa, the Sahel, Latin America, the Caribbean and Pakistan. Southern Africa faces below-average rains from October 2026 to March 2027, while the Horn of Africa faces flood risk.
Below-average rain across multiple grain-producing regions points to lower output and higher import needs, supporting feed grain prices over the coming season.
reliefweb.intOct 2, 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.
After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% 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.
