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The European Commission's Joint Research Centre June ASAP assessment finds good maize prospects in southern Africa, improved East African yields in bimodal areas, and mixed winter cereal prospects in the Middle East and North Africa. It also flags delayed crop growth in parts of Ethiopia, South Sudan and Sudan, with rising food insecurity during the lean season.
Good southern African maize harvests add to global supply, which is mildly bearish for corn, while mixed MENA winter cereals may modestly lift import needs for wheat and barley.
joint-research-centre.ec.europa.euJul 3, 2025After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.
