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WeatherWatch says El Niño will peak in November and December, with a weak positive Indian Ocean Dipole possibly drying parts of Australia. Spring rains are still heavy across southern and eastern Australia and New Zealand's West Coast, and November is expected to bring cold fronts and windy westerlies.
The outlook is general climate commentary with no clear crop impact or price signal for feed commodities, so it has limited market relevance.
weatherwatch.co.nzNew Zealand's Weather Data, Alerts AuthorityNov 2, 2026After 2,467 past weather events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.
After 1,964 past weather events, Soybeans moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% over 20.
After 1,773 past weather events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +2.1%), and +0.2% over 20.
After 361 past weather events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +1.3%), and -0.2% 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.
