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Germany's DRV estimates corn yields down 20% and winter wheat down 14%, with total grain output down 8.6%. Wheat rose on failed Abu Dhabi talks to reopen the Black Sea and a drone strike on Ust-Luga, while corn slipped 0.22% but held most of its post-WASDE rally.
Lower European output and Black Sea disruption support wheat prices, while Argentina's yield cuts add to the tighter outlook. Corn is holding firm after the USDA's cut to US ending stocks.
graincentral.comGuest AuthorNov 12, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
