# Corn market update: Euronext rally, tighter US balance, South American weather risk

> Euronext corn rose about 4.2% over four sessions to around EUR 256.25/t, and German cash corn reached EUR 288/t, up from EUR 275/t. The rally reflects unresolved Black Sea export talks, while lower USDA U.S. corn output and El Niño forecasts for cool, wet weather in Argentina, Paraguay and southern Brazil add to the outlook.

- Date: 2026-11-12 · published 2026-11-12T09:05:36.339Z
- Category: geopolitics · region EU · magnitude medium
- Page: https://feedsoft.ai/events/95209-corn-market-update-euronext-rally-tighter-us-balance-south-american-weather-risk
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Stalled Ukrainian grain exports keep European buyers paying a risk premium, and a smaller U.S. crop tightens global corn supply. Wet El Niño conditions in South America could affect planting and add to price support.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-24 | [The War Is Impacting The Corn Market More Than Weather Right Now - AgWeb](https://feedsoft.ai/events/35073-the-war-is-impacting-the-corn-market-more-than-weather-right-now-agweb.md) | +9.3% | -4.1% |
| CORN | 2026-07-31 | [Wheat Futures Rally on Black Sea Escalation as Market Tests Key Resistance](https://feedsoft.ai/events/18379-wheat-futures-rally-on-black-sea-escalation-as-market-tests-key-resistance.md) | -1.6% | +9.4% |
| CORN | 2019-09-16 | [Corn firms as oil rally offsets good crop weather in U.S. Midwest \| Financial Post](https://feedsoft.ai/events/9438-corn-firms-as-oil-rally-offsets-good-crop-weather-in-u-s-midwest-financial-post.md) | +3.4% | +8.3% |
| CORN | 2024-10-02 | [Urea prices in the US experience price rally amid Middle East confrontations](https://feedsoft.ai/events/5243-urea-prices-in-the-us-experience-price-rally-amid-middle-east-confrontations.md) | -1.1% | -2.6% |
| CORN | 2021-12-16 | [Weekly Market Update 12/16/2021 - GCC](https://feedsoft.ai/events/8020-weekly-market-update-12-16-2021-gcc.md) | -2.7% | +0.4% |

## Sources

- commodity-board.com: https://commodity-board.com/black-sea-uncertainty-lifts-eu-corn-as-el-nino-threatens-south-american-planting

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.