Researchers from Heriot-Watt University and University College Cork warned that the developing 2026/27 El Niño could be among the strongest in more than a century. They argued that food shortages and disease outbreaks must be addressed together, and that governments should prepare for these linked risks.
A strong El Niño raises the risk of crop losses and supply shortfalls across key producing regions, which could lift feed and food commodity prices over the coming season. The warning itself is not a supply event, so the direct price effect is limited for now.
After 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.