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A Somalia food security outlook warns that a third consecutive below-average rainy season is worsening drought, with delayed deyr rains and little rainfall since June. Pastoralists face water and pasture shortages and livestock deaths are reported.
Emergency-level food insecurity is projected through May 2022.
The drought is a local humanitarian and livestock problem with limited direct effect on global feed grain prices. It could raise regional import demand for food and feed.
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.