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Researchers report that a strengthening El Niño is expected to bring drought, heat and water stress to South Africa, reducing livestock grazing. Their study found that the planting date and variety of fodder radish determine how well it grows and produces nutritious feed without irrigation.
Grazing losses push South African livestock producers toward purchased forage and feed, which supports demand for hay and other fodder and can raise feed costs.
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.