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A CIMMYT specialist warned that El Niño could reduce Mexican corn production over multiple growing cycles, particularly in rain-dependent farming regions. He said insufficient rainfall can affect not only the immediate harvest but also yields in subsequent seasons, and urged a coordinated response to monitor production and productivity.
If rainfall deficits materialize, lower domestic output could increase Mexico’s reliance on imports and support corn prices. The warning describes a potential risk rather than confirmed crop losses.
diariocambio22.mxGasparNov 10, 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.
