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The article reports prolonged drought and declines in Mexican grain and oilseed production between 2018 and 2026, including lower output of wheat, soybeans, corn, rice and sorghum. Producers say limited financing, crop insurance and infrastructure leave rain-dependent farming regions vulnerable to another adverse season as El Niño poses an additional risk.
Drought-related production losses could tighten domestic supplies and increase Mexico’s reliance on imports, supporting prices for affected grains and soybeans. A worsening El Niño impact would add further supply risk, particularly in rain-dependent areas.
revistaimx.comNov 8, 2026After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% 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.
After 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.
