# Peru Growth May Fall to 2% If El Nino Lasts

> Peru's economy could slow to around 2% growth if El Niño conditions persist, according to the article's warning. The piece also includes a market ticker showing moves in regional currencies, Brent and WTI crude, and grain futures such as soybeans and corn.

- Date: 2026-10-31 · published 2026-11-01T06:12:03.398Z
- Category: weather · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/4343-peru-growth-may-fall-to-2-if-el-nino-lasts
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

El Niño typically brings drought to Peru's agricultural areas and fishing disruption, which can tighten feed inputs such as fishmeal and affect regional demand for corn and soymeal. Weaker growth also pressures the sol and regional currencies, which can influence import costs for feed buyers.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-03-28 | [El Niño to La Niña](https://feedsoft.ai/events/31125-el-nino-to-la-nina.md) | -2.0% | -3.8% |
| CORN | 2020-05-28 | [El Niño / La Niña Update (May 2020)](https://feedsoft.ai/events/53044-el-nino-la-nina-update-may-2020.md) | +1.0% | +1.7% |
| CORN | 2024-02-08 | [El Nino waning, La Nina to develop in second half of 2024](https://feedsoft.ai/events/31586-el-nino-waning-la-nina-to-develop-in-second-half-of-2024.md) | -1.4% | +1.6% |
| CORN | 2023-09-30 | [India's monsoon rains hit five-year low due to El Nino](https://feedsoft.ai/events/34001-india-s-monsoon-rains-hit-five-year-low-due-to-el-nino.md) | +2.7% | +2.6% |
| CORN | 2023-04-27 | [El Nino May Boost Soil Moisture in May for South American Wheat](https://feedsoft.ai/events/36317-el-nino-may-boost-soil-moisture-in-may-for-south-american-wheat.md) | -0.9% | -4.0% |
| SOY | 2024-03-28 | [El Niño to La Niña](https://feedsoft.ai/events/31125-el-nino-to-la-nina.md) | -1.0% | -2.5% |
| SOY | 2020-05-28 | [El Niño / La Niña Update (May 2020)](https://feedsoft.ai/events/53044-el-nino-la-nina-update-may-2020.md) | +1.1% | +2.6% |
| SOY | 2024-02-08 | [El Nino waning, La Nina to develop in second half of 2024](https://feedsoft.ai/events/31586-el-nino-waning-la-nina-to-develop-in-second-half-of-2024.md) | -1.6% | -2.7% |

## Sources

- riotimesonline.com: https://www.riotimesonline.com/peru-el-nino-growth-2-percent-scenario/

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