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Markets brace for El Niño, which has historically led to higher food prices

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Comments (2)
  • jj1937
    , contributor
    Comments (2555) | Send Message
     
    Where is El Nino. Pray for El Nino.
    13 Oct 2014, 10:11 PM Reply Like
  • JackWolf
    , contributor
    Comments (50) | Send Message
     
    The probability of an El Nino is now greatly reduced. Instead we will see continued drought situations in TX, OK, CA, NM, Mexico, etc. Already the government has indicated that wheat plantings will be down in 2015. With Saudi Arabia eliminating their wheat production in its entirety, Russia and the Ukraine holding on to its grain, and pests increasingly an issue in the NW and Canada, ag commodities are looking increasingly attractive.
    26 Jan, 03:03 PM Reply Like
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