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USDA-FAS forecasts Colombia’s 2026/27 corn production to fall 6.9% to about 1.4 million tonnes, citing El Niño-related heat and weak farmgate prices that discourage planting. Corn consumption is projected at 9.76 million tonnes and imports at 8.3 million tonnes, with the United States supplying more than 95% of imports; rice production is also forecast to decline 6.7%.
Lower domestic corn output alongside rising feed demand is expected to increase import reliance, supporting demand for imported corn and potentially tightening local availability. Reduced rice production may also firm domestic rice prices.
millingmea.comEditor MillingNov 6, 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.
After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% 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.
