Loading…
The article says international corn prices have eased on good harvests in the US and South America. In South Africa, rand-dollar exchange rates and higher diesel prices are contributing to persistently high consumer food costs.
Good harvests increase corn availability and pressure prices lower, while currency weakness and higher fuel costs can raise the local cost of imported grain and moving food to market.
landbou.comVida BooysenNov 9, 2026After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.
After 39 past bullish weather events, ULSD / Diesel moved a median +2.4% over 5 sessions (59% higher; middle half -4.5% to +6.1%), and +8.9% over 20.
After 156 past neutral events of any kind, Brazilian Real (BRL per USD) moved a median +0.3% over 5 sessions (56% higher; middle half -0.9% to +1.4%), and +0.4% 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.
