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The FEWS NET regional outlook for Central America covers the 2018/19 marketing year and expects aggregate maize, dry bean and rice output to fall below the previous year but stay above the five-year average. An extended dry spell hurt households in the Dry Corridor.
The region is expected to have above-average maize and bean self-sufficiency and an average rice deficit, with imports filling gaps.
Output above the five-year average and reliance on imports mean regional demand for imported maize and rice should stay steady. The effect on world prices is limited.
reliefweb.intFeb 5, 2019After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
