01
Jun
El Niño: a catalyst for a vulnerable agricultural market
There is now a very high probability of an El Niño occurrence in 2026. Sugar, coffee, and rice are more vulnerable to climate disruptions. The agricultural commodities
market is already weakened by the geopolitical situation. Who will be the indirect beneficiaries?
Key points
- Understanding El Niño
- El Niño’s historical impact on agricultural commodities
- Rice, sugar, and coffee have historically been more vulnerable to climate disruptions
- El Niño 2026: A risk potentially amplified by an already fragile macroeconomic environment
- Potential positioning and indirect beneficiaries
