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The JRC’s October agricultural assessment reports below-average early-season rainfall in parts of Southern Africa and forecasts hotter, drier conditions across central and southern SADC areas through March 2027. It also says low rainfall and high temperatures have reduced production in parts of East Africa, worsening food insecurity, while forecast rains could support crops and pasture but bring flood risks.
Drought and heat threaten Southern African maize production, while East African crop losses can increase import demand. The outlook is supportive for affected grain prices, though the forecast rainfall could limit losses in some areas.
joint-research-centre.ec.europa.euNov 11, 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.
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.
