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A record drought has pushed Austria’s harvest outlook below already pessimistic forecasts. Grain maize production could be nearly 30% below the five-year average and soybean production more than 50% lower; potato and sugar beet crops are also affected, with harvesting still underway.
Drought-driven losses could tighten local supplies of corn and soybeans, supporting prices, though the impact on broader feed markets is limited by Austria’s share of production.
how2austria.comhow2austria.com EditorialNov 7, 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 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), 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.
