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IGAD warned that a drier-than-usual October-December season, linked to La Niña, could hurt crops and pastures in parts of East Africa. Poorer harvests and reduced pasture could lower milk and meat output and livestock prices.
East African feed demand and maize imports could rise if harvests fall short, but the regional scale is small relative to global feed grain markets.
resilience.igad.intElizabeth MwangiNov 11, 2020After 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.
