
An opinion column on fresh produce supply chains argues that the main risk from the 2026/27 El Niño is failing to anticipate which crops and regions will be hit. It cites a USDA FAS report from October 13 that NOAA projects possibly very strong El Niño conditions between November 2026 and January 2027, a period overlapping Brazil's planting and crop development.
Possible strong El Niño rains and drought during Brazil's planting window can affect soybean and corn supply expectations later in the season. The column is general commentary with no new supply data, so its direct price effect is limited.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% over 20.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% 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.