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Baking Business reports that El Niño is expected to bring more adverse weather to tropical regions for the rest of 2026, reducing rainfall there while increasing it in the mid-latitudes. The author argues that current media focus on a possible 'super' El Niño is overhyped and that North American impacts are unlikely before late in the year.
Tropical rainfall deficits could affect rice and other crops in Asia and Latin America, but the commentary's view that North American impacts are limited until late 2026 reduces near-term grain price pressure.
bakingbusiness.comDrew LernerMay 29, 2026After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% 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.
