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CGIAR and partners launched a new global report, The State of Early Warning Around the World, at the COP31 Food & Agriculture Pavilion in Antalya on 11 November 2026. The session focused on how countries can turn early warnings about El Niño and fertilizer market disruptions into timely action for farmers.
Early warnings of El Niño and fertilizer disruptions can prompt pre-emptive farmer support and procurement planning, but the report itself carries no direct supply change. Its effect on feed commodity prices is limited.
cgiar.orgCGIAR Climate ActionNov 12, 2026After 3,207 past report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.
After 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% over 20.
After 2,447 past report events, Wheat (SRW) moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), and +0.2% over 20.
After 349 past report events, Palm Oil moved a median +0.3% over 5 sessions (55% higher; middle half -1.0% to +2.0%), and +0.6% 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.
