Sydney | Reuters — The 2015-16 El Nino weather event, one of the three strongest in the past 50 years, has peaked in recent weeks and will likely return to “ENSO neutral” by the second quarter of this year, Australia’s Bureau of Meteorology (BOM) said on Tuesday. The El Nino phenomenon is driven by warm […] Read more

El Nino seen declining, to return to neutral by Q2

Cereals North America: Shift to La Nina may hurt yields
Winnipeg | CNS Canada –– El Nino weather patterns are typically beneficial to North American grain yields, but cut into the production prospects of key Eastern Hemisphere demand markets, according to presenters at this week’s Cereals North America conference. However, an expected shift toward La Nina conditions by late 2016 could see North American grain yields […] Read more