Loading…
Ekiti State's Ministry of Agriculture urged farmers to prepare for weather variations linked to a forecast strong El Niño expected to intensify toward late 2026 and persist into early 2027. The ministry cautioned against assuming nationwide drought and advised following official forecasts.
This is a local advisory with limited direct price impact; it signals possible irregular rainfall and heat in West African crop and livestock areas, a minor input to regional feed supply expectations.
punchng.comAbiodun NejoNov 3, 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, SOY 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 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, PALMOIL 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.
