
El Niño is strengthening and could become exceptionally intense toward the end of 2026, with effects extending into 2027, according to the WMO. A University of Chicago Climate Impact Lab report projects 31,400 additional heat-related deaths in Nigeria between September 2026 and February 2027.
The article is mainly about public health and climate risk in Nigeria rather than commodity supply, so its price implications for feed markets are limited to a general signal of possible drought or heat stress on West African crops and livestock.
After 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 1,772 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 360 past weather events, PALMOIL moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +1.4%), 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.