
The World Meteorological Organization warns that El Niño could reach historically high intensity, raising concerns for agriculture in Peru, Chile, Argentina, and Uruguay. In Peru, rice and potatoes face high to very high agroclimatic risk, while heat could also affect flowering and production cycles for several coastal crops; the text additionally flags risks to Chilean cherries.
Heat and water-related stress could reduce yields or disrupt harvest timing, tightening supplies of affected crops. The article does not establish a direct impact on the listed feed commodities.
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, 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.