# El Niño raises risks for agricultural commodities in the 4th quarter - Revista Cultivar

> Hedgepoint's Q4 outlook says El Niño raises climate risks for agricultural commodities into early 2027, with sugar, coffee, cocoa and grains most exposed. A strong US dollar, high real rates and a tighter Federal Reserve are expected to limit demand and speculative buying.

- Date: 2026-10-08 · published 2026-10-08T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/17054-el-nino-raises-risks-for-agricultural-commodities-in-the-4th-quarter-revista
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Weather risk supports soybeans, corn and wheat, but firm dollar and rates may cap gains, leaving the price direction mixed for feed buyers.

## Read by commodity

- DXY: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-09-28 | [Risks to global food commodity prices from El Niño](https://feedsoft.ai/events/33997-risks-to-global-food-commodity-prices-from-el-nino.md) | +1.1% | +1.7% |
| CORN | 2023-06-02 | [El Niño already affects climate in corn producing areas - Revista Cultivar](https://feedsoft.ai/events/13643-el-nino-already-affects-climate-in-corn-producing-areas-revista-cultivar.md) | -1.5% | -3.9% |
| CORN | 2020-01-10 | [Despite the lack of rain, corn is harvested in RS - Revista Cultivar](https://feedsoft.ai/events/54914-despite-the-lack-of-rain-corn-is-harvested-in-rs-revista-cultivar.md) | -1.0% | -0.7% |
| CORN | 2024-02-19 | [The El Niño weather pattern shapes 2024 commodity price forecast](https://feedsoft.ai/events/31589-the-el-nino-weather-pattern-shapes-2024-commodity-price-forecast.md) | -0.3% | +7.1% |
| CORN | 2024-04-24 | [Weather conditions harm soybean and corn harvests in several states - Revista Cultivar](https://feedsoft.ai/events/13577-weather-conditions-harm-soybean-and-corn-harvests-in-several-states-revista.md) | -0.5% | +3.3% |
| SOY | 2023-09-28 | [Risks to global food commodity prices from El Niño](https://feedsoft.ai/events/33997-risks-to-global-food-commodity-prices-from-el-nino.md) | -2.3% | -1.2% |
| SOY | 2022-11-18 | [Irregular rains and high temperatures cause concern for rural producers - Revista Cultivar](https://feedsoft.ai/events/13689-irregular-rains-and-high-temperatures-cause-concern-for-rural-producers-revista.md) | +1.4% | +4.4% |
| SOY | 2024-02-19 | [The El Niño weather pattern shapes 2024 commodity price forecast](https://feedsoft.ai/events/31589-the-el-nino-weather-pattern-shapes-2024-commodity-price-forecast.md) | -3.1% | +1.3% |

## Sources

- revistacultivar.com: https://revistacultivar.com/news/el-nino-raises-risks-for-agricultural-commodities-in-the-4th-quarter

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.