Climate risks in East Africa and Latin America; bumper crops in Southern Africa and Asia

After 224 past neutral weather events, Wheat (SRW) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% over 20.

• Mar 2, 2026Winter crops fare well despite cold and wet episodes - Joint Research Centre+1.6%
• Jun 23, 2025Escalating drought threatens Europe's ecosystems and agriculture - Joint Research Centre-2.7%
• Nov 24, 2025Winter crops generally well established - Joint Research Centre+0.9%
• Mar 23, 2026Crops exit from winter dormancy in favourable conditions - Joint Research Centre+0.7%
• Feb 25, 2025Most EU grain crops in good shape but moisture risks linger | CNBC Africa-4.7%

After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.

• Mar 21, 2022Fair start to spring for most European crops - Joint Research Centre+1.5%
• Mar 23, 2026Crops exit from winter dormancy in favourable conditions - Joint Research Centre-0.3%
• Dec 14, 2017South American crop and weather update - Morning Ag Clips+2.3%
• Oct 8, 2025ASAP assessment September 2025 - Joint Research Centre-1.1%
• Apr 27, 2026Favourable crop conditions across Europe - Joint Research Centre+1.7%