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Peru’s authorities are revising agroclimatic risk forecasts as an exceptionally strong coastal El Niño brings extreme temperatures, water stress, and rainfall deficits affecting crop flowering. Heavy rain is expected to continue in parts of the coast and western highlands, while possible rainfall deficits in southern and southeastern highlands could reduce water reserves for the 2026–27 crop season.
Heat, water stress, and excessive or deficient rainfall threaten yields in Peru’s affected crops, potentially tightening local agricultural supplies and supporting prices. The article does not identify feed commodities or quantify production losses.
gestion.peElías García OlanoNov 9, 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, 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.
