Loading…
IFPRI describes a strong El Niño compounding droughts, floods, and food insecurity in fragile and conflict-affected countries in sub-Saharan Africa. The institute will study emergency seed aid in northern Ethiopia and northern Nigeria, with fieldwork starting in November 2026.
Seed aid and the design of local seed markets affect how quickly farmers in affected regions can replant after El Niño shocks. The effect on global grain prices is minor because these are small, localized programs.
ifpri.orgNov 2, 2026After 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.
