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Reuters reports India is on course for its weakest monsoon since 2009, with rainfall likely about 15% below the long-term average. A weak September could hurt cotton, soybean, corn and pulse yields and depress wheat and rapeseed soil moisture.
A poor Indian monsoon cuts domestic oilseed and corn output, likely increasing Indian import demand for soy and vegetable oils and lifting food prices. This is supportive for global feed and oilseed markets.
in.marketscreener.comReutersAug 24, 2026After 1,079 past bullish weather events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
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.
After 181 past bullish weather events, PALMOIL moved a median +0.5% over 5 sessions (56% higher; middle half -0.9% to +1.9%), and +0.3% 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.
