# INFOGRAPHIC: El Niño may lead to global food supply volatility in 2026-27 | S&P Global

> S&P Global says El Niño may disrupt 2026-27 food supplies, with wheat output seen falling in Australia and the US and soybean output lower in Brazil and Argentina. Malaysian palm oil output may drop, while Brazil's corn crop could be larger.

- Date: 2026-07-27 · published 2026-07-27T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/18244-infographic-el-nino-may-lead-to-global-food-supply-volatility-in-2026-27-s-and
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower wheat, soybean and palm oil output in key exporters would tighten supplies and support prices. Brazil's larger corn crop partly offsets this for feed grains.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CORN: neutral
- WHEAT: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 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) | -5.3% | -2.5% |
| WHEAT | 2020-09-11 | [La Nina may disrupt global food supply  - The HinduBusinessLine](https://feedsoft.ai/events/51042-la-nina-may-disrupt-global-food-supply-the-hindubusinessline.md) | +0.7% | +7.9% |
| WHEAT | 2026-10-09 | [El Nino strengthens in Pacific, may persist into Jan-March 2027: NOAA \| S&P Global](https://feedsoft.ai/events/17052-el-nino-strengthens-in-pacific-may-persist-into-jan-march-2027-noaa-s-and-p.md) | +4.0% | +4.0% |
| WHEAT | 2023-06-16 | [FACTBOX: Mapping El Nino's impact on crop yields, global food trade in 2023-24](https://feedsoft.ai/events/35405-factbox-mapping-el-nino-s-impact-on-crop-yields-global-food-trade-in-2023-24.md) | +3.5% | -0.1% |
| WHEAT | 2026-05-21 | [What a Possible 2026/27 Super El Niño Means for Commodity Markets](https://feedsoft.ai/events/19191-what-a-possible-2026-27-super-el-nino-means-for-commodity-markets.md) | -1.6% | -0.9% |
| 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 | 2020-09-11 | [La Nina may disrupt global food supply  - The HinduBusinessLine](https://feedsoft.ai/events/51042-la-nina-may-disrupt-global-food-supply-the-hindubusinessline.md) | +4.4% | +6.6% |
| SOY | 2026-05-21 | [What a Possible 2026/27 Super El Niño Means for Commodity Markets](https://feedsoft.ai/events/19191-what-a-possible-2026-27-super-el-nino-means-for-commodity-markets.md) | -0.4% | -6.4% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/072726-infographic-el-nio-may-lead-to-global-food-supply-volatility-in-2026-27

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