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NOAA has classified the current El Niño as a "very strong" event. Forecasts indicate it will bring more heat and extreme weather well into 2027, with a higher risk of extreme heat, drought and heavy rainfall.
A very strong El Niño raises the risk of drought in key grain and oilseed origins and lowers yields in Asian palm and rice output, which tends to support prices for feed ingredients over the coming seasons.
usatoday.comDoyle RiceNov 15, 2026After 2,480 past weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.7%), 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.
