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Heavy November rainfall has brought relief to dry farming regions across New Zealand after two large lows stalled in the Tasman Sea. A strong to very strong El Niño is underway, with models forecasting peak warming in the tropical Pacific around this month or December and persistence into autumn 2027.
Timely rain eases drought risk for New Zealand pasture and feed supply, but a strengthening El Niño could still bring dry spells into summer, which would tighten forage and feed availability.
farmersweekly.co.nzPhilip DuncanNov 14, 2026Not enough comparable past events yet for a historical read.
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.
