
The article reports that the 2026 El Niño is intensifying, with the four-week Niño 3.4 index mean at 2.45°C and eastern Pacific temperature anomalies at 3.5°C to 4.5°C. It cites an 83% chance of a peak during October–December 2026 and says conditions could persist into mid-2027.
A strong, prolonged El Niño could raise weather-related production risks across agricultural regions, but the article does not identify specific crop impacts or supply changes.
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.