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--- 0_public:geography_and_regions:weather:el_nino [2025/01/27 20:00] – removed - external edit (Unknown date) 127.0.0.1
+++ 0_public:geography_and_regions:weather:el_nino [2025/03/09 23:15] (current) – pointnm
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+====== El Nino ======
+----
+Traders started worrying about the next crop and the El Niño weather phenomenon, which tends to reduce cocoa yields in West Africa.
+The ongoing El-Nino weather pattern is usually associated with good rains in South America but dry weather in Asia that could tighten supplies of the Robusta variety.
+This also supports a narrowing of the Arabica-Robusta spread,  which has dropped to an average of US¢36/lb in August compared to recent highs of around US¢100/lb in February.
+In Latin America, particularly in countries like Brazil and Argentina, El Nino’s association with reduced rainfall during critical growing seasons contributed to lower yields for crops like corn, soybeans, and wheat.
+He also points to two weather systems working together. First there is the ENSO, or the so-called El Niño Southern Oscillation, which indicates a change in climate from a warm wet system to a cool dry one, off South America’s equatorial coast. “Currently, we are in between the two,” he says.((https://www.barrons.com/articles/wheat-prices-jump-etf-russia-ukraine-44877ccf?st=9S22hD)) ((2025))