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SAWS confirmed on 1 September that El Niño is strong and likely to strengthen during spring. Below-normal rainfall is expected across most of South Africa from October to December 2026, with above-normal temperatures.
The article compares past very strong El Niño seasons.
Drier conditions over South Africa's 2026/27 maize season could cut exportable supplies and support maize prices.
After 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.