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NOAA's Climate Prediction Center said on November 12 that El Niño is intensifying in the equatorial Pacific, with a probability above 79% of strong to very strong intensity through January-March 2027. Sea surface temperature anomalies exceeded 4°C in parts of the eastern Pacific, and subsurface anomalies were above 10°C.
A strong El Niño typically brings drought risk to Australia, India and Southeast Asia and dryness to parts of South America, while reducing Peruvian anchovy catches that feed fishmeal supply, supporting prices for protein meals and grains.
revistacultivar.comNov 12, 2026Not enough comparable past events yet for a historical read.
After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.
