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CIMMYT experts call for scaling up climate-resilient seeds and climate-smart practices to manage crop distress caused by El Niño in Eastern and Southern Africa. The report gives no new crop loss figures.
Drought stress in Eastern and Southern Africa can cut local maize output and raise import demand, though the effect on world feed grain prices is limited.
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.