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The South African Weather Service forecasts below-normal rainfall and above-normal temperatures over most of the country from October to March 2027. Dairy farmers expect pasture shortfalls and higher supplementary feed costs.
Poor pasture growth pushes dairy farmers toward purchased feed, raising demand for grains and protein meals. El Niño-linked dryness in southern Africa can also cut local maize output and lift prices.
witness.co.zaEstelle SinkinsNov 2, 2026After 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.
