An FAO early-action project with Belgian funding aims to help 22,000 at-risk people in Malawi cope with the lingering 2018/19 El Niño. Last season's dry spells and fall armyworm outbreak cut staple crop output, and the high probability of El Niño-driven dryness in 2018/19 threatens further losses.
Vulnerable households are selling livestock cheaply and relying more on markets for food.
Localized maize shortfalls in Malawi are too small to move world feed grain prices, though they add to regional food import needs. The story is mainly a humanitarian response.
After 2,467 past weather events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.
After 1,964 past weather events, Soybeans moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% over 20.
After 1,773 past weather events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +2.1%), and +0.2% over 20.
After 361 past weather events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +1.3%), and -0.2% 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.