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The IGC's July report cut 2026/27 global cereal production by 5 million tonnes to 2,422 million tonnes after European heatwaves. Oat, sorghum and rye yields were also reduced, and soybean output is forecast at a record high.
A lower global cereal crop and tighter end-of-season stocks support grain prices, while record soybean output limits gains in oilseeds.
insights.tridge.comJul 17, 2026After 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.
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 68 past bullish weather events, Oats moved a median -0.8% over 5 sessions (47% higher; middle half -3.6% to +3.9%), 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.
