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A US and Ethiopian team using a crop model finds sorghum yields in the Ethiopian highlands could fall by as much as 40 percent in the worst years as intense El Niño events become more frequent. Early-season droughts are the main vulnerability.
Sorghum is a key subsistence crop in semi-arid Africa, and these projected losses reinforce long-term climate risk, though the effect on global sorghum prices is small given the regional scale.
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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.