Loading…
Uganda's food security update reports rainfall in the Central region at only 60-90% of normal, with moisture stress on young crops. Sorghum, maize and bean prices were 30-60% above year-ago levels in bimodal areas as of August.
Regional drought and high fuel-driven transport costs keep East African feed and food grain prices elevated, though the impact on global feed prices is limited.
reliefweb.intOct 6, 2022Not enough comparable past events yet for a historical read.
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.
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.
