
Euronext August corn rose 5.8% in a week to €233.75/t, the highest since June 2024, on hot, dry weather in France, Poland, Romania and Hungary. Chicago corn fell about 2.7% as forecast rains reached the U.S. Corn Belt after a heat wave.
EU crop stress is raising import needs and supporting Paris prices, which may pull demand toward Ukrainian corn. U.S. rain relief is pressuring Chicago prices, so feed buyers face divergent regional 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.
After 146 past neutral events of any kind, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and -0.0% 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.