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The World Meteorological Organization says a strong El Niño could extend climate extremes into 2027, bringing more heatwaves, storms, and rainfall extremes. Global average temperatures for January–September 2026 were about 1.47°C above the pre-industrial average, and the WMO expects further warming as El Niño strengthens.
More extreme weather raises risks to crop production and supply reliability across regions, which could support agricultural prices if key growing areas are affected. The report gives no specific crop-loss estimates or feed-market supply changes.
thehindubusinessline.comSrikrishnan PCNov 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.
