Tag Archives: El Nino

August 2026… Severe global supply chain disruptions resulting from rapidly warming surface water, droughts threaten to push inflation up, putting global growth at risk… LONDON / BRUSSELS / ISTANBUL… The El Nino weather phenomenon is rapidly intensifying, warming surface waters in the Pacific Ocean, and is expected to cause droughts, …

August 2026… The El Niño event in the equatorial Pacific strengthened through June and July 2026 and several meteorological agencies assess it could become the strongest in roughly 150 years, peaking in the autumn–winter and decaying through mid-2027. Grain futures have moved ahead of any confirmed losses: in July, wheat …

August 2026… Wheat took centre stage in the agricultural commodities market last month… In the commodities market, the agricultural sector saw sharp rises last month due to the El Niño weather phenomenon, global drought and geopolitical tensions, with movements in wheat prices taking centre stage. Global climatic factors and geopolitical …

Press release… FAO experts map where crops and pasturelands are most vulnerable to drought… 22/06/2026 Rome – A new El Niño phase is likely to begin within weeks, putting agriculture on alert around the world. New analyses by experts at the Food and Agriculture Organization of the United Nations (FAO) allow for detailed mapping of …

Press release… Don’t be fooled by a wet winter: the fire risk could rise before summer arrives Contrary to expectations, a wet winter does not always mean a milder fire season. Grasses and shrubs that grow rapidly in the rain can turn into fuel that ignites easily in hot and …

Press release… Samsun Ondokuz Mayıs University (OMU) Faculty of Agriculture Professor Dr. Yusuf Demir stated that there is a high possibility of not getting enough rainfall in the winter months. Dr. Yusuf Demir “We should take precautions against this situation. As the ‘El Nino’ weather event, which causes an increase …

Global rice supplies have steadied following last year’s surge, but the market still faces exposure to potential dry weather risks induced by El Nino, according to a senior executive at commodity trader Louis Dreyfus Co. Rice prices in key Asian export hubs have eased in recent weeks after climbing last year …

‘It’s upsetting considering we haven’t witnessed such a significant decrease in cocoa output in recent years,’ president of Ghana cocoa buyers group tells Anadolu… ACCRA, Ghana… Chocolate lovers around the world may have to brace themselves for a sweet treat shortage as cocoa prices reach unprecedented heights, with economists projecting …

ISTANBUL… Commodity markets are struggling to find direction in the third week of the new year, as dovish pricing, particularly regarding central banks, continues to lose strength, and after having selling pressure in the first two weeks, the markets took a mixed course last week. Cocoa Increasing demand for the …

Rising food costs in the past years have led farmers across the globe to increase the cultivation of grains and oilseeds. However, consumers are expected to encounter limited supplies through 2024 due to challenging El Nino weather conditions, export limitations and elevated biofuel requirements. Global wheat, corn and soybean prices …