“A super El Nino is likely to unsettle global weather and threaten food output in the coming months, but near record world inventories, expectations of near-normal conditions in some key producing regions and advanced planning could limit the fallout…
The last super El Nino in 2015–16, brought droughts, floods and record global temperatures, disrupting agricultural production from Asia to Africa. Its predecessor in 1997–98 caused widespread damage, triggering devastating floods, wildfires and crop losses.
But the 2026/27 episode could be different as consecutive years of record harvests have swelled global food inventories, especially in key consuming and exporting countries…
Global wheat stocks are forecast to reach at 279.95 million metric tons at the beginning of the crop year on July 1, the highest in five years, the USDA data shows.”
From Reuters.
