
The USDA FAS projects Colombia's 2026-27 corn output to fall 6.9% to 1.4 million tonnes and milled rice to fall 6.7% to 1.8 million tonnes, both blamed mainly on El Niño and low farmgate prices. Corn imports are forecast to rise to 8.3 million tonnes, with US corn supplying more than 95% of them.
Lower domestic output and rising feed demand in Colombia point to higher import needs, supporting US corn export demand and modestly firmer rice trade prices.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% 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.