Loading…
Reuters reports that India's weather office forecasts a below-average 2026 monsoon, with El Niño expected to weigh on rainfall in the latter half of the June to September season. The article notes that El Niño years have historically brought droughts and export curbs on some grains in India.
Lower Indian crop output could increase the need for imports of edible oils and other commodities, supporting global vegetable oil prices and tightening grain export availability.
economictimes.indiatimes.comApr 16, 2026After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% over 20.
After 181 past bullish weather events, Palm Oil moved a median +0.5% over 5 sessions (56% higher; middle half -0.9% to +1.9%), and +0.3% 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.
