agriculture
South Africa's white and yellow maize futures have dropped to their lowest levels in four years, driven by a stronger rand, global oversupply, and La Niña rains. This decline is expected to ease food inflation and reduce feed costs for livestock farmers, though it poses challenges for grain producers.
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A weather front moved through northern Buenos Aires, Córdoba, and Corrientes, bringing intense rains, hail, and strong winds. These caused downed poles and trees, leading to power outages in rural areas and impassable roads. Rainfall amounts were highly variable, ranging from less than 5 mm to peaks of 150 mm.