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A Hindu BusinessLine explainer describes how El Niño weakens trade winds and shifts rainfall, typically bringing drought to India and Asia. It says the event can last nine to 12 months.
The article links El Niño to deficient rain for Indian Kharif crops such as rice, groundnut and pulses.
If El Niño develops, weaker Indian monsoon rainfall could cut rice output and support rice prices. The effect on the wider feed market would be indirect.
thehindubusinessline.comVinson Kurian2023年2月27日在过去 179 次看涨的天气事件之后，稻谷 在 5 个交易日内中位数变动 +0.4%（55% 上涨；中间一半区间为 -1.4% 至 +2.5%），20 个交易日内为 +2.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
