Loading…

Peru's Enfen committee reported that the coastal El Niño that started in March 2026 will keep an extraordinary magnitude until February 2027 before weakening through July 2027. Rainfall is expected to exceed normal levels along much of the coast, with the heaviest rains in the north coast.
Extended warm-water conditions off Peru point to weaker anchoveta output and tighter fishmeal supply, which supports fishmeal prices.
Not 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.