China's Production and Stocks Could Continue Lower

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.

• Dec 29, 2020La Nina, Storms Affected 2020 Production+8.4%
• Feb 15, 2023Argentina's 2022-23 production and export revenue to fall - Fastmarkets-0.3%
• Oct 12, 2026Argentina’s soy production grows under super El Niño | World Grain-1.1%
• Dec 30, 2022Third La Nina Year Influenced Lower Production, Forage Shortages and Higher Grain Prices-2.1%
• Mar 25, 2025Global corn stocks low and falling - prices to rise-1.5%

Not enough comparable past events yet for a historical read.