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A severe summer drought has roughly halved the maize harvest in Baden-Württemberg, tightening feed maize availability in southern Germany. German spot prices have firmed, and Euronext March 2027 corn futures settled near 256 EUR/t on 11 November.
A regional crop loss in a major southern German producing area tightens local feed corn supply and widens basis, so southern buyers will rely more on imports from other German regions and EU origins at higher logistics and sourcing costs.
commodity-board.comNov 12, 2026commodity-board.comNov 12, 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.
