Watch – Meat may get cheaper as El Niño looms

After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.

• May 13, 2021El Niño/La Niña Update (May 2021)-7.7%
• May 27, 2019WMO El Niño/La Niña Update (May 2019) - World | ReliefWeb+3.4%
• Jun 1, 2023El Nino may hammer Asian farms with dry weather, but shower American growers-2.2%
• Apr 21, 2023As El Niño Makes Its Grand Return, Here's What It Tells Us About Summer Weather and Corn Yields - AgWeb-1.6%
• Jan 8, 20262026 Weather Outlook: La Niña’s Quick Exit, El Niño’s Potential and the Signals Farmers Should Watch - AgWeb-3.4%

After 18 past bearish weather events, Live Cattle moved a median +0.1% over 5 sessions (56% higher; middle half -0.7% to +0.9%), and -0.1% over 20.

• Jun 3, 2026Grain Market Pain Continues on Weather: Cattle Fall as NWS Nears - AgWeb+0.0%
• May 30, 2018What’s the most disruptive influence in the cattle market? Weather+2.2%
• Jul 20, 2019Extreme heat wave hits US farmers already suffering from flooding+0.3%
• Sep 1, 2022Steak prices are falling, but it may not last : NPR+0.3%
• May 24, 2019Cattle Current Weekly Highlights—Week ending May 24, 2019 – Cattle Current Market Update-1.4%